30. The amount of money in a savings account t years after it has been opened is given by P(t)=10000(1.025)'. How many years will it take for the amount in the account to reach $12184? Round your answer to the nearest year.

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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30. The amount of money in a savings account t years after it has been opened is given by
P(t) = 10000(1.025)¹. How many years will it take for the amount in the account to
reach $12184? Round your answer to the nearest year.
Transcribed Image Text:30. The amount of money in a savings account t years after it has been opened is given by P(t) = 10000(1.025)¹. How many years will it take for the amount in the account to reach $12184? Round your answer to the nearest year.
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