Question
Using either logarithms or a graphing calculator, find the time required for $2000 to be at least equal to $21,000 when deposited at 5%
Using either logarithms or a graphing calculator, find the time required for $2000 to be at least equal to $21,000 when deposited at 5% compounded monthly. years (Round to the nearest tenth of a year.)
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College Algebra Graphs and Models
Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna
5th edition
321845404, 978-0321791009, 321791002, 978-0321783950, 321783956, 978-0321845405
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