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OpenStudy (anonymous):
15,400=1200(1+.04)^t
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OpenStudy (anonymous):
so you want to find t?
OpenStudy (anonymous):
(1 + 0.04)^t = 15400/1200 t (ln (1.04) = ln (15400/1200) t =ln (15400/1200) / ln (1.04 t = 65.07
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