Answer:
Approx 37 years.
Step-by-step explanation:
The compound interest formula is :
Here, A = $50000
P = $5000
r = 6.5% or 0.065
n = 1
t = ?
Putting these values in formula we get;
=>
Taking log on both sides;
We get t = 36.56 rounding to 37 years.
yes
This relation is a function
Each input value goes to only one output value so the relation is a function