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Nestle invests $90,000 with an annual rate of 7% and it will get $165,461.33 at the end of n years. What is n? PLEASE WRITE

Nestle invests $90,000 with an annual rate of 7% and it will get $165,461.33 at the end of n years. What is n?

PLEASE WRITE THE FORMULAS ALSO?

4. Chopin believes he will need $200,000 to pay for college after 7 years later. If he can invest at a rate of 13% per year, how much money should he ask his rich uncle Bach to give him today?

PLEASE WRITE THE FORMULAS ALSO?

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