A bank account balance, in dollars, is modeled by the equation f(t)=1,000(1.08)t where t is measured time in years. About how many years will it take for the account balance to double? Explain or show how you know.
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A bank account balance, in dollars, is modeled by the equation f(t)=1,000(1.08)t where t is measured time in years. About how many years will it take for the account balance to double? Explain or show how you know.
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