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July 5, 2015

July 5, 2015

Posted by **judith** on Tuesday, April 19, 2011 at 3:46pm.

- maths -
**bobpursley**, Tuesday, April 19, 2011 at 4:09pm3=1(1.095)^t

assuming compounding annually.

ln3=t*ln(1.095) solve for t.

ii) when does t*(1.095)=2 ?