Alan will be 50 yrs old and Aron will be 20 yrs old
The answer is 2.35714285714!
hope this helps!!
Compound interest sequence
490x + 700y < = 4000 (thats less then or equal)
Answer:
14.2 years
Step-by-step explanation:
The multiplier of the population each year is 1 +5% = 1.05, so after n years the population has been multiplied by 1.05^n. You want to find the value of n that makes this expression equal to 2:
2 = 1.05^n
log(2) = n·log(1.05) . . . . . take logarithms
log(2)/log(1.05) = n ≈ 14.2
Growing at a rate of 5% per year, it will take about 14.2 years for the population to double.
