3 years ago

50 POINTS!

1 answer:

5 0

To double the principle the formula is
2p=p e^rt
2=e^rt
2=e^0.12t
Solve for t
T=(log(2)÷log(e))÷0.12
T=5.78 years

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iren2701 [21]

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Step-by-step explanation:

:-)

First rewrite the decimal as a number with 1 in the denominator.

2nd multiply to remove 2 decimal places by (100/100)

3rd reduce the result of the multiplication

Then simplify the improper fraction

-Alex :-)

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