Answer:
18
Step-by-step explanation:
Change 3 into a fraction.
Which gives you 3/1
multiply 3/1 by the inverse of 1/6
3/1x1/6
Then you get 1 :)
Answer:
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Step-by-step explanation:
You are correct down to the part where you add the partial results:

This is just like an exponential growth equation...
Final=initial*rate^periods
25000=12500(1.0525)^t
2=1.0525^t
ln2=t ln1.0525
t=ln2/ln1.0525
t=13.55
t=14 yrs