3 years ago

You want to invest

1 answer:

8 0

Using the equation    > A = Pe^rt

20000 = 10000e^0.1t > 10% = 0.1
2 = e^0.1t
log 2 = log e^0.1t    > log to the base e
log 2 = 0.1t * 1 log e to the base e =1
0.6931 = 0.1t
t =   6.931
   = 7 years

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