
Mark M. answered 11/23/16
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Mathematics Teacher - NCLB Highly Qualified
2p = p(1 + 0.0455/12)12t
2 ≈ (1 + 0.00379)12t
2 ≈ 1.0037912t
ln 2 ≈ 12t ln 1.00379
Can you solve for t?