Problem

Finance The percentage y (written as a decimal) of U.S. households who owned Roth Individu...

Finance The percentage y (written as a decimal) of U.S. households who owned Roth Individual Retirement Accounts (IRAs) in year x is given by the equation.09(x2004) = 12y1.44. Find the year in which the given percentage of U.S. households own a Roth IRA. (Data from: Proquest Statistical Abstract of the United States: 2013.)

18.0%

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