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Bob bought some land costing $16,090. today, that same land is valued at $46,217. how long has bob owned this land if the price of land has been increasing at 6 percent per year
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Bob bought some land costing $16,090. today, that same land is valued at $46,217. how long has bob owned this land if the price of land has been increasing at 6 percent per year

User Asjo
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Hope this helps! You need a bit of knowledge in logarithms for this question because the number 106% a.k.a 106/100 is multiplied by itself multiple times.
Bob bought some land costing $16,090. today, that same land is valued at $46,217. how-example-1
User Baljit
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