Jessica borrowed $5963 at an interest rate of 9% compounded annually. No payments have been made on
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Jessica borrowed $5963 at an interest rate of 9% compounded annually. No payments have been made on the loan, and its current balance is $10,000. How many years ago did Jessica borrow the money? Round your answer to the nearest year.
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Jessica borrowed the money 6 years ...View the full answer
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Arthi Natarajan
I Arthi, budding biotechnologist graduating from Tamilnadu Agricultural university in 2019. Nature has inspired me during every stage of life. As a child i was keen in noticing things around me. During my school days i used to observe a flower in our school garden called conferderare rose (Hibiscus mutabilis) where flowers change their colour from white in the morning to pink and deep red in the evening. Sparkled my brain how and what had happened, there I started my studies on plants where ever I travel I used to examine the plants and the texture of leaves dissecting out the floral parts. As a school student I was very studious and I was being one of the toppers. Then I started my career in Agriculture to study about my hidden doubts about plants so I choose biotechnology as my pathway. My undergraduate was like fairy tale surrounded with lovely friends. We enjoyed a lot. Apart from enjoyment we our university has provided with enormous facilities and I enjoyed learning. I graduated with OGPA of 9.01. Then I wanted to continue my carieer in biotechnology so I did my post graduate in same university. I completed my PG with OGPA of 9.1. I want to pursue my Ph.d on flowering plants. Though I faced many struggles during my life I continued to be strong because I believe "Perseverence always pave for success".
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