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