How long will it take for the country mineral reserves

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Reference no: EM13307973

A Country hs sufficient reserves of an essential mineral to last for 400 years at the current rate of consumption. It is expected, however, that the rate of consumtion will increase by 5 percent each year. If this is so, how long will it take for the country's mineral reserves to be depleted? Solve using Excel.

Reference no: EM13307973

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