SOLUTION: Suppose an investment of $25,000 doubles in value every 7 years. How much is the investment worth after 10 years? After 25 years?

SOLUTION: Suppose an investment of $25,000 doubles in value every 7 years. How much is the investment worth after 10 years? After 25 years?

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Question 385729: Suppose an investment of $25,000 doubles in value every 7 years. How much is the investment worth after 10 years? After 25 years?
Answer by robertb(5830) (Show Source): You can put this solution on YOUR website!
The equation is . Thus at t = 10,
. And at t = 25, .
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