唔識做功課45

2015-02-07 9:19 pm
A sum of money ( $ P ) is deposited in a bank at an annual interest rate of r % compounded yearly. The amount $ A received after t years is given by A = P ( 1+r% )^t. After how many years will the amount just exceed twice the principal if the annual interest rate is 10%?

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2015-02-07 9:33 pm
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