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OpenStudy (anonymous):
Suppose that an investment of $13,000 has grown in value at a rate of 9% per year. If the current value is $16,835.38, then how many years have passed?
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OpenStudy (anonymous):
You're going to have to use logarithm to solve this problem, but I'll set it up for you. The equation should look like this 16835.38 = 13000(1.09)^x Solve for x.
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