Answer:
Approximately
7.5
hours
Step-by-step explanation:
Explanation:
We are trying to determine the value of
h
in the compound growth formula
XXX
20
×
(
1
+
0.85
)
h
=
2000
or, simplified:
XXX
1.85
h
=
100
Taking the
log
1.85
of both sides:
XXX
log
1.85
100
With the aid of my trusty spreadsheet:
XXX
h
≈
7.48582192
