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Mathematics 11 Online
OpenStudy (baby_bear69):

http://prntscr.com/93y1ja help real quick?

OpenStudy (baby_bear69):

@pooja195 @bibby @

OpenStudy (baby_bear69):

@hero @TheSmartOne

OpenStudy (baby_bear69):

@Jaynator495

OpenStudy (baby_bear69):

@zepdrix @Whitemonsterbunny17

OpenStudy (baby_bear69):

@YoungStudier

OpenStudy (baby_bear69):

TSO can you help?

TheSmartOne (thesmartone):

there's supposed to be some formula to solve this do you know that formula?

OpenStudy (baby_bear69):

y = b(1+r)^t

OpenStudy (baby_bear69):

but i dont know what to put for the exponent

TheSmartOne (thesmartone):

that formula is if it is only compounded once yearly this is the correct formula http://prntscr.com/93z7y7

OpenStudy (baby_bear69):

it doesnt give me a number of years invested tho

TheSmartOne (thesmartone):

it says after 8 years

OpenStudy (baby_bear69):

ohh i got it thank you!

TheSmartOne (thesmartone):

Anytime! :)

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