The formula that you will use will be the formula for the area of a circle, which is as follows:
A= Pi r^2
(Pi times the radius squared)
Answer:
It is VERY important to use the attached formula.
Years = ln (Total / Principal) / rate
Years = ln (6,000 / 2,000) / rate
Years = ln (3) / rate
Years = 1.0986122887 / .015
Years = 73.24 years
This takes a LONG time because the interest rate is extremely low.
Step-by-step explanation: