Hey there, Lets solve this problem together
First of all, Simplify [tex]P(t) = 12,500(1.04)^6
[/tex]
[tex]P(t) * 12500 = (1.04)^6[/tex]
[tex] = 12500P * t = (1.04)^6[/tex]
Now Multiply P * t
[tex]12500tP = (1.04)
= 12500tP = 1.04[/tex]
Solve for the variable 't'.
Move all terms containing t to the left, all other terms to the right.
Divide each side by '12500P'.
[tex]t = 0.0000832P^-^1
[/tex]
[tex]=\ \textgreater \ t = 0.0000832P^-^1[/tex]