Question:

Suppose that $2060 is deposited into an account where the

Last updated: 7/9/2022

Suppose that $2060 is deposited into an account where the

Suppose that $2060 is deposited into an account where the interest is compounded annually. This situation can be modeled by the function P (t) = 2060(1.018)^t where P(t) represent the value (in dollars) of the account at t years after depositing the $2060. In how many years will the money in the account double? {your final answer just number without decimal}