After 1 year, the initial investment increases by 7%, i.e. multiplied by 1.07. So after 1 year the investment has a value of $800 × 1.07 = $856.
After another year, that amount increases again by 7% to $856 × 1.07 = $915.92.
And so on. After t years, the investment would have a value of
.
We want the find the number of years n such that

Solve for n :





the square root of 5000 is 71 (rounded to the nearest)
Answer:
n+524
Step-by-step explanation:
you add both years worth of biking together!
3 * ln 4x = 13
<span><=> </span>
<span>ln 4x = 13/3 </span>
<span><=> </span>
<span>4x = e^(13/3) </span>
<span><=> </span>
<span>x = e^(13/3) / 4 </span>
<span><=> </span>
<span>x ~ 19.05 </span>