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A person invest 8000 dollars in a bank. The bank pays 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 2000 dollar
A person invest 8000 dollars in a bank. The bank pays 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 2000 dollars ?