I put $500 in the bank. I now have $5000in the bank. Every year my money increased by 5%. How long that it takes?

It takes 47.19 years

Step-by-step explanation:

Your amount on the bank is given by the following equation:

In which P(t) is your current amount, P(0) is the initial amount, r is the rate it changes, and t is the time since the money has been put on the bank.

I put $500 in the bank.

This means that

I now have $5000 in the bank.

This means that

Every year my money increased by 5%

This means that

How long that it takes?

This is t.

We use the following logarithms property:

So

It takes 47.19 years

step-by-step explanation:

once you graph it hit 2nd (the blue button) and graph

that takes you to a table of coordinates

on the left is x coordinates and on the right is y coordinates and an empty box

(you may have to scroll up/down in order to get ( x, 0)

110

step-by-step explanation:

based on the question i am guessing that it is a typo for abc