Answer:
Tony's deposit was $800.
Step-by-step explanation:
we know that
The simple interest formula is equal to
where
I is the Final Interest Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
in this problem we have
substitute in the formula above
Answer:
x = 6
Step-by-step explanation:
Given:
log₆(x) = 1
Now,
From the properties of log
logₓ (z)= (where the base of the log is equal for both numerator and the denominator)
also,
log(xⁿ) = n × log(x)
thus,
using the above properties, we can deduce the results as:
logₓ(y) = n is equivalent to y = xⁿ
therefore,
the given equation can be deduced as:
log₆(x) = 1
into,
x = 6¹
or
x = 6
