Question 1149070
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{{{1000(1.05)^(2t)=5000}}}
{{{(1.05)^(2t) = 5}}}<br>
The variable is in the exponent; take logs of both sides.<br>
{{{(2t)*log((1.05)) = log((5))}}}<br>
Use basic algebra to solve for t.<br>
Use a calculator if you want a decimal answer.<br>