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I NEED ANSWERS FAST !!!! Show work

I NEED ANSWERS FAST !!!! Show work-example-1
User Carnell
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1 Answer

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Answer:

Explanation:

8000=4000(1+5/100)^t

8000/4000=(1.05)^t

2=1.05^t

log 2=log (1.05)^t

log 2=t log (1.05)


t=(log 2)/(log1.05)\approx~14.21~years

User Godhar
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