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Photo attached: please see image for question.-example-1
User Swivel
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4 votes

Answer:

A)


p = 13000( {.865}^(t) )

B)


13000( {.865}^(t) ) = 7930


{.865}^(t) = .61


t * ln(.865) = ln(.61)


t = ( ln(.61) )/( ln(.865) ) = 3.41 \: years

User Flavio Troia
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