Mathematics, 23.10.2020 06:01 abelSeattle

Christa's $10 deposit in a bank pays 5% interest compounded annually. She notes that at the end of N years the balance of her account will be B = 10 (1.05). About how many years will it take for her initial deposit to double in value?

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Christa's $10 deposit in a bank pays 5% interest compounded annually. She notes that at the end of N...