Answer:
Step-by-step explanation:
Take the log of both sides:
log(2) = t*log 1.015, so that:
log(2)
t = --------------- = 46.6 compounding periods, which is 46.6/4, or 11.6 years
log 1.015
Can't write this exponential equation as a logarithm; instead, CAN write it in logarithmic form.
