Question
Using either logarithms or a graphing calculator, find the time required for the initial amount to be at least equal to the
final amount
9) $7000 deposited at 3% compounded quarterly, to reach at least $10,600
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Transcribed Image Text:Using either logarithms or a graphing calculator, find the time required for the initial amount to be at least equal to the final amount 9) $7000 deposited at 3% compounded quarterly, to reach at least $10,600
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