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
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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