Math Problem Statement
As you'll recall, the compound interest formula is A=a(1+(r/k))^(kt) Solve for t in the formula.
Solution
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Math Problem Analysis
Mathematical Concepts
Compound Interest
Exponential Growth
Logarithms
Formulas
Compound interest formula A = a(1 + r/k)^(kt)
Natural logarithm properties
Theorems
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Suitable Grade Level
Advanced High School