If inflation grows continuously at a rate of 6% per year, how long will it take for $8 to lose half its value? It will take approximately years for $8 to lose half its value. (Do not round until the final answer. Then round to the nearest tenth as needed.)
If inflation grows continuously at a rate of 6% per year, how long will it take for $8 to lose half its value? It will take approximately years for $8 to lose half its value. (Do not round until the final answer. Then round to the nearest tenth as needed.)
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
Problem 22T
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