Brianna invests $2200 in a mutual fund that averages 3.9% growth per year. The amount of money in the fund can is given by A=2200(1.039)xA=2200(1.039)x, where xx is time in years. How long will take for Brianna's money to double? Round to the nearest tenth of a year.

Brianna invests $2200 in a mutual fund that averages 3.9% growth per year. The amount of money in the fund can is given by A=2200(1.039)xA=2200(1.039)x, where xx is time in years. How long will take for Brianna's money to double? Round to the nearest tenth of a year.

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter6: Exponential And Logarithmic Functions

Section: Chapter Questions

Problem 3PT: Drew wants to save 2,500 to go to the nextWorld Cup. To the nearest dollar, how much willhe need to...

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