It will take 5 months and the payments will be as follows:
Month 1: $375 to Mini and $3.15 to Murk
Month 2: $375 to Mini and $3.15 to Murk
Month 3: $165.58 to Mini and $209.42 to Murk
Month 4: $375 to Murk
Month 5: $87.36 to Murk
Answer:
19..........................
Log 10 100 =2
Basically, we have to know how to solve for x in this equation:
10^x = 100
For log3 = 9 we have to solve for x in this equation:
3^x = 9
Therefore, x = 2
