Question: Using either logarithms or a graphing calculator, find the time required for the initial amount to be at least equal to the final amount. $

Using either logarithms or a graphingcalculator, find the time required for the initial amount to be at least equal to the final amount. $5000deposited at 9% compoundedquarterly, to reach at least $8000 The time required is _____year(s). (Type an integer or decimal rounded to the nearest hundredth asneeded.)

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