An investment of $8500 increases in value by 4.5% every year. How long until the investment reaches about $17,323. Round to the nearest whole year

16 years

Step-by-step explanation:

Given data

Principal= $8500

Rate= 4.5%

Final amount=  $17,323

The expression to find time in compound interest is given as

t= ln(A/P)/r

substitute

t= ln(17323/8500)/0.045

t= ln(2.038)/0.045

t=0.711/0.045

t= 15.8 years

Hence the total time is about 16 years

chemists are often responsible for designing a chemical reaction and analyzing the products obtained from it. one significant part of designing a chemical reaction is determining the amount of each reactant that is needed and the amount of each product that will be produced. in order to do so, chemists use stoichiometry, the quantitative relationships between reactants and products.

step-by-step explanation: