(Español The amount of money invested in a certain account increases according to the following function, where yo is the initial amount of the investment, and y is the amount present at time t (in years). 0.015r y=yoe After how many years will the initial investment be doubled? Do not round any intermediate computations, and round your answer to the nearest tenth. years
(Español The amount of money invested in a certain account increases according to the following function, where yo is the initial amount of the investment, and y is the amount present at time t (in years). 0.015r y=yoe After how many years will the initial investment be doubled? Do not round any intermediate computations, and round your answer to the nearest tenth. years
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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Transcribed Image Text:Finding half-life or doubling time
Español
The amount of money invested in a certain account increases according to the following function, where yo is the initial amount of the investment, and y is
the amount present at time t (in years).
0.015t
y=Yoe
After how many years will the initial investment be doubled? Do not round any intermediate computations, and round your answer to the nearest tenth.
I| years
Explanation
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