Finance:
if given the equation: y=12000(1.07)^x
a)Estimate the time it will take to double using the rule of 72
b)determine the time it takes for the investment to double useing the fuction
if given the equation: y=12000(1.07)^x
a)Estimate the time it will take to double using the rule of 72
b)determine the time it takes for the investment to double useing the fuction