Solve for t in each of the following compound interest equations. Leave your answer in terms of
Question:
Solve for t in each of the following compound interest equations. Leave your answer in terms of a logarithm.
a. 5490 = 4800(1.009)3t
b. 3900 = 3000(1.006)6t
c. 1460 = 1000(1.0015)12t
d. 5951.70 = 5000(1.00875)4t
e. 33,010.20 = 30,000(1.008)4t
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a Swap both sides and divide them 10093t 183160 Convert the expression above 100910003t 183160 Simpl...View the full answer
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Related Book For
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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