Use the power rule for logarithms to solve the following word problem exactly. If you invest $1, 000 at 5% interest compounded annually, how many years will it take before you have $2,000?

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Answer to a math question Use the power rule for logarithms to solve the following word problem exactly. If you invest $1, 000 at 5% interest compounded annually, how many years will it take before you have $2,000?

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Darrell

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14.2 years

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