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August 22, 2014

August 22, 2014

Posted by **Annie** on Tuesday, January 10, 2012 at 6:36pm.

- Math -
**Reiny**, Tuesday, January 10, 2012 at 6:53pmlet the number of months be n

i = .072/12 = .006

15000(1.006)^n = 34000

1.006^n = 2.266666...

log 1.006^n = log 2.66666..

n log 1.006 = log 2.26666...

n = log 2.266666.../log 1.006

= 136.79 or 137 months

= 11 years and 5 months

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