kbrown2422 kbrown2422
  • 06-03-2017
  • Mathematics
contestada

Clara invests $6,000 in an account that pays 4.25% interest per year. After how many years will her investment be worth $10,000?

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Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 06-03-2017
T=log(10,000÷6,000)÷log(1.0425)
T=12.3 years
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