Precalculus (6th Edition)

Published by Pearson
ISBN 10: 013421742X
ISBN 13: 978-0-13421-742-0

Chapter 4 - Inverse, Exponential, and Logarithmic Functions - 4.3 Logarithmic Functions - 4.3 Exercises - Page 447: 105

Answer

See explanations.

Work Step by Step

To double means $A=2P$, from $A=P(1+\frac{r}{n})^{tn}$, solve for $t$: $2P=P(1+\frac{r}{n})^{tn}\longrightarrow (1+\frac{r}{n})^{tn}=2 \longrightarrow t(n)log_2(1+\frac{r}{n})=log_22 \longrightarrow t\ log_2(1+\frac{r}{n})^n=1$, thus $t=\frac{1}{log_2(1+\frac{r}{n})^n}$
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