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salantis [7]
4 years ago
8

Lorena deposited $2372 into an account that earns 4.5% interest which is compounded once a year. How much money will Lorena have

in the account in 20 years?
A. $5720.59
B. $4952.79
C. $5254.49
D. $6398.67
Mathematics
2 answers:
seraphim [82]4 years ago
8 0
C
--------------------------------------
Alexus [3.1K]4 years ago
8 0

Answer:

C is wrong

Step-by-step explanation:

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Vlad [161]
Answer: x = 8

---------------------------------------------
---------------------------------------------

I'm going to use the notation log(2,x) to indicate "log base 2 of x". The first number is the base while the second is the expression inside the log (aka the argument of the log)

log(2,x) + log(2,(x-6)) = 4
log(2,x*(x-6)) = 4
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Only x = 8 is a proper solution.

------------------------

You can use the change of base rule to check your work
log base 2 of x = log(2,x) = log(x)/log(2)
log(2,(x-6)) = log(x-6)/log(2)

So,
(log(x)/log(2)) + (log(x-6)/log(2)) = 4
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Step-by-step explanation:

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