A person invests 10000 dollars in a bank. The bank pays 6.5% interest compounded annually....

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Algebra

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A person invests 10000 dollars in a bank. The bank pays 6.5% interest compounded annually. To the nearest tenth of a year, how long must the person leave the money in the bank until it reaches 29500 dollars?A=P(1+r)^nt

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