SOLUTION: I cannot figure out this problem please help 67000(t)=49000(1.05)^t

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Question 861177: I cannot figure out this problem please help
67000(t)=49000(1.05)^t
Answer by josmiceli(19441)   (Show Source): You can put this solution on YOUR website!



Take the log of both sides



( you might not need all those decimal places )
check answer:




close enough


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