Unformatted text preview: 6. 30,000=15,500(1+.0575/4) 4t 30,000/15,500=15,500(1.014375) 4t ln300/155 all over 4ln 1.014375=4t ln 1.014375/4 ln 1.014375 ln300/155 all over 4(ln 1.014375)=t 0.660/0.0571=t t= 11.55 t= 12 After approximately 12 years, the $15,500 will grow to an accumulated value of $30,000. 7. 7. 8. 0.20 = 2^(T ⁄ 7340) log[0.20] = (T ⁄ 7340) • log[2] T = 7340 • log[0.20] ⁄ log[2] T = 17043 years...
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 Fall '14
 Math, Logarithmic Equations, Equations, Logarithmic Functions, Natural logarithm, Logarithm, logarithmic functions exercise

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