Mark M. answered 10/19/19
Mathematics Teacher - NCLB Highly Qualified
2 = (1 + 0.065/52)52t
2 = (1.00125)52t
ln 2 = 52t(ln 1.00125)
0.69314718 = 52(0.00124921)t
0.69314718 = 0.064959408t
10.67046626 = t
Milica J.
asked 10/18/19I don't know whether I should do 7 guesses or not. I don't know what to put as n, this has been bothering me and I've tried everything. I don't know how to guess and check.
Mark M. answered 10/19/19
Mathematics Teacher - NCLB Highly Qualified
2 = (1 + 0.065/52)52t
2 = (1.00125)52t
ln 2 = 52t(ln 1.00125)
0.69314718 = 52(0.00124921)t
0.69314718 = 0.064959408t
10.67046626 = t
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