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HELP QUICK PLEASE IM LOST ON THIS

HELP QUICK PLEASE IM LOST ON THIS-example-1

1 Answer

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11.04 = 10(1.02)^n

1.104 = 1.02^n

ln 1.104 = ln 1.02^n

ln 1.104 = n ln 1.02

n = ln 1.104/ ln 1.02

n = 4.99630409516 (5 if rounded)

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