Respuesta :
This is just like an exponential growth equation...
Final=initial*rate^periods
25000=12500(1.0525)^t
2=1.0525^t
ln2=t ln1.0525
t=ln2/ln1.0525
t=13.55
t=14 yrs
Final=initial*rate^periods
25000=12500(1.0525)^t
2=1.0525^t
ln2=t ln1.0525
t=ln2/ln1.0525
t=13.55
t=14 yrs