My car loan was for $12,000 with 5.1% interest over 5 years. What is the total price with interest that I will pay for my car?
1 answer:
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Answer:
ln(5/3)
Step-by-step explanation:
The desired limit represents the logarithm of an indeterminate form, so L'Hopital's rule could be applied. However, the logarithm can be simplified to a form that is not indeterminate.
<h3>Limit</h3>We can cancel factors of (x-1), which are what make the expression indeterminate at x=1. Then the limit can be evaluated directly by substituting x=1.