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Mathematics, 12.12.2020 23:30 davidsteck99
Christa 10 deposit in a bank pays % interest compounded annually. She notes that at the end of N years the balance of her account will be B = 10 * (1.05) ^ N About how many years will take for her deposit to double in value?
A~ N=log20/10log1.05
B~ N=log2/log1.05
C~ N=10/1.05
D~ N=log20/10.5
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Christa 10 deposit in a bank pays % interest compounded annually. She notes that at the end of N yea...
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