Wilson wants to know how long it will take his $1000 investment to double
1 answer:
Answer:
Step-by-step explanation:
Take the log of both sides:
log(2) = t*log 1.015, so that:
log(2)
t = --------------- = 46.6 compounding periods, which is 46.6/4, or 11.6 years
log 1.015
Can't write this exponential equation as a logarithm; instead, CAN write it in logarithmic form.
You might be interested in
Answer:106.63%.
Step-by-step explanation:To find the percentage of the price per ounce of gold increase we will use % increase formula.Therefore, the price of per ounce of gold increased by 106.63%.
Answer:
11.125 meters i think it helps
Step-by-step explanation:
Answer:
Step-by-step explanation:
no
Answer: x=2
Step-by-step explanation:
Answer:
x = 6
Step-by-step explanation:
