The number of periods needed to reach the total is ?
(18 -
13
3
)
41
6
...
41
6
To solve a growth rate problem with fractions, first determine the amount that the value has grown. Then divide that amount by the growth rate.For example, if the initial value is
1
4
, the final value is 1, and the growth rate is
1
8
:
Subtract the final value from the initial value to determine the amount of growth
