Lauren H. answered • 08/13/18

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A = Pe^rt, where P = principal, A = amount, r is rate in decimals, t is time in years.

Fill in formula:

13400 = 6700e^.18t

2 = e^.18t

ln2 = .18t

t = 3.85 years

You do the second part.

Lauren H.

Use the above equation:

A = Pe^rt, where P = principal, A = amount, r is rate in decimals, t is time in years.

Use the new number, 670,000 for the P, principal.

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08/13/18

Courtney L.

08/13/18