Question 859252
225[(1+0.05)^x/0.05]=300000
4500*1.05^x=30000 multiply each side by 20.
1.05^x=200/3
log(1.05)1.05^x=x
x=log(1.05)200/3
=ln(200/3)/ln(1.05)
=~ 4.1997/.04879
=~ 86.0769
.
Ed