document.write( "Question 47253: Please help.\r
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document.write( "Use the formula for compound interest. Solve for t when A=$10,800, P=$3600, and r=5%, and m=4 \n" );
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Algebra.Com's Answer #31693 by Nate(3500)![]() ![]() ![]() You can put this solution on YOUR website! A = P(1 + r/m)^tm \n" ); document.write( "10800 = 3600(1 + 0.05/4)^4t \n" ); document.write( "3 = 1.0125^4t \n" ); document.write( "log(3)/log(1.0125) = 4t \n" ); document.write( "log(3)/(4*log(1.0125)) = t \n" ); document.write( "About 22 Years and 1 Month \n" ); document.write( " |