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 Mar 22, 2016
edited by Guest  Mar 22, 2016
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500 = 400(1.05)^x     divide both sides by 400

 

5/4   =  (1.05)^x

 

1.25  = (1.05)^x      take the log of both sides

 

log(1.25)  = log(1.05)^x     and we can write

 

log(1.25) = x * log(1.05)      divide both sides by log(1.05)

 

log(1.25) / log(1.05)  = x  =   about   4.5735

 

 

 

cool cool cool

 Mar 22, 2016

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