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OpenStudy (anonymous):
If $ 2500 is invested in an account that pays interest compounded continuously, how long will it take to grow to $ 5000 at 3%? Round to the nearest tenth
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OpenStudy (anonymous):
this is a log questionExponential & Logarithmic Functions
OpenStudy (anonymous):
The equation would be 2500*1.03^x=5000
OpenStudy (anonymous):
1.03^x=5000/2500=2
OpenStudy (anonymous):
thanks
OpenStudy (anonymous):
but I taught log where simplying the equation or i'm wrong
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OpenStudy (anonymous):
You have to solve x... (I didn't finish :p)
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