you invest $1,500 today in a bank that gives you a 5 percent annual interest rate, which of these items can you buy in two years
1 answer:
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ANSWER
Approximately after 15 minutes.
EXPLANATION
The growth rate of the first bacteria is
The growth rate of the first bacteria :
To find the time that, there will be an equal number of bacteria, we equate the two equation;
We solve for t to get,
Or
We discard the negative value.
This implies that,