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Sagot :
Answer:
12.63 weeks ~~ 13 weeks
Step-by-step explanation:
This is much like a banking question with compounded interest
FV = PV ( 1 + i)^n FV = Future value = 1 m PV = present value = .3
i = periodic interest = .10 n = periods
1 = .3(1 + .1)^n solve for n = the number of weeks
1/.3 = 1.1^n
log (1/.3) / log 1.1 = n = 12.63 weeks
Prob around 12 weeks. Just times it by 1.01 and keep repeating it
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