Inactive Tutor answered 11/12/17
Tutor
New to Wyzant
% remaining after each year: 100 - 3.6 = 96.4%
Solve for t in
1/2 = (0.964)t
t = log(1/2) / log(0.964) ≅ 18.905 years
t1/2 = 18.905 years
Will Y.
asked 11/12/17Inactive Tutor answered 11/12/17
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