SOLUTION: how many years would it take at 10% per year for $1360 to double?
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Question 960412: how many years would it take at 10% per year for $1360 to double?
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
Let = the number of years it
takes for $1360 to double
-------------------------
Take the log of both sides
It would take about 7 years and 4 months
check:
error due to rounding off
close enough to get the year and month
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