Posted by SC on Thursday, November 5, 2009 at 4:39pm.
PMexico = 82(1.025)^t where t is the number of years past 1987
164 = 82(1.025)^t
2 = 1.025^t
take log of both sides
log 2 = log 1.025^t
log 2 = t(log 1.025)
t = log 2/log 1.025
= 28.07
so add 28 to 1987
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