S = So(1 + .05)t S = 3 x 6000 = 18000 So = 6000 So
18000 = 6000(1.05)t 3 = (1.05)t log(3) = (t)log(1.05)
t = 22.52 years
S = So(1 + .05)t S = 3 x 6000 = 18000 So = 6000 So
18000 = 6000(1.05)t 3 = (1.05)t log(3) = (t)log(1.05)
t = 22.52 years
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