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the correct answer is 20.9 can someone show me the work How many years would it take for a debt of $1,058 to grow into
the correct answer is 20.9 can someone show me the work
How many years would it take for a debt of $1,058 to grow into $3.136 if the annual rate is 5.2% with continuous compounding? In this question you will need to solve for t in FV=PVert. Start by dividing both sides by PV. Then use logarithms to "bring down" the exponent. Round your answer to the nearest tenth of a year. 20.9 marzin of error +1=0.2 Step by Step Solution
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