700= 500(1.04x)
700/500 = 1.04x
7/5 = 1.04x
ln 7/5 = ln 1.04x
ln 7/5 = x (ln 1.04)
x = ln (7/5)/ ln (1.04)
x ≈ 8.579
Jenny M.
asked 09/24/14
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