Ask Question
25 October, 10:43

Miss broom invested $10,000 into an account with an interest rate of 6% compounded annually which equation models the time it will take for his money to double?

A - logbase2 1.06 = T

B - log2 = T

C-log1.06 = T

D = logbase1.06 2=t

+5
Answers (1)
  1. 25 October, 11:08
    0
    The answer is

    D = logbase1.06 2=t

    If you compute it, you will will get 11.89 years which rounded to 12 years
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Miss broom invested $10,000 into an account with an interest rate of 6% compounded annually which equation models the time it will take for ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers