9980
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Value = 10000*[1 + 21/(100*12)]^(20*12)= 643073.03 approx.Value = 10000*[1 + 21/(100*12)]^(20*12)= 643073.03 approx.Value = 10000*[1 + 21/(100*12)]^(20*12)= 643073.03 approx.Value = 10000*[1 + 21/(100*12)]^(20*12)= 643073.03 approx.
10,000 ÷ 20 = 500
10000
1000 = 1 secondso 10000 = 10 secondssp 20000 = 20 seconds
Yes, 10,000 is less than 20 million.