How many years need to recover capital with desired interest
An interest rate of 10% compounded continuously is desired on an investment of $15000. How many years will be required to recover the capital with the desired interest if $2030 is recived each year?
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Also, please show steps using excel or by hand on how to find if this is a right tailed T-test, how to find the hypothesized mean difference, t stat, and p-vale.
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