Question

Adam put $100 in a savings account. After 10 years, he had $1649 in the

Answer 1

Step-by-step explanation:

hihi, so this is a classic interest rate problem. It's not too bad if you know your properties of e and ln. After establishing the base equation you can divide by 100 then take the natural log of both sides to "get rid" of the e and finally end it by dividing by 10 to isolate r.