An investment grows according to the formula B = 8000 ✕ 1.0085t dollars, where t is time, measured in months. In parts (b) and (c), round your answer to the nearest whole month.   How many months does it take for the balance to double?   months

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter2: Equations And Inequalities
Section2.2: Applied Problems
Problem 7E
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An investment grows according to the formula
B = 8000 ✕ 1.0085t dollars,
where t is time, measured in months. In parts (b) and (c), round your answer to the nearest whole month.
 
How many months does it take for the balance to double?
  months
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