Answer:
Joe borrowed $6,000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in 3 years?
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Answer:
Step-by-step explanation:
log(x) is the inverse function of an exponent. "log base 8 of xyz" means "what number do I have to raise 8 to, to get xyz". In this case, it means, "what number do I have to raise 8 to, to get x + 1". That's simple, it's just x + 1!