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6. If $1000 is invested at the end of each year in an annuity that pays 6% interest, compounded annually, the number of years it

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6. If $1000 is invested at the end of each year in an annuity that pays 6% interest, compounded annually, the number of years it takes for the future value to amount to $30,000 is given by t = log1.06 3.4. Use the base change formula to find the number of years until the future value is $30,000

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