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?

275

likes1377 views

Darrell

4.5

46 Answers

14.2 years

Frequently asked questions (FAQs)

Math question: Find the limit as x approaches 0, of (sin(x) - x) divided by (ln(1 + x) - x).

+

What percent of 80 is 12?

+

What is the mode of the data set {3, 5, 6, 8, 8, 10, 12, 12, 12}?

+

New questions in Mathematics