Solved: How long will it take for your balance to reach 50000 use, Mathematics

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How long will it take for your balance to reach 50000 use

You deposit $800 in an account that pays an APR of 6.5% compounded monthly. How long will it take for your balance to reach $50,000? (Use algebra, only if you are comfortable with logarithms; otherwise, use your calculator with trial-and-error techniques until you arrive at a reasonable answer.)

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Mathematics: How long will it take for your balance to reach 50000 use

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Mathematics: How long will it take for your balance to reach 50000 use

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