how do you find the missing t in compond interest with the formula A=pert?
Use logarithms
If A=82000 P= 64054 r=7.6% how do i get t?
post the formula
I will show you how to solve for t
\[A=Pe ^{rt}\]
A=Pe^(rt) to solve 82000 = 64054^(.076t) ln(8200) = (0.076t)ln(64054) by the rule ln(x^(y)) = yln(x) ln(8200)/ln(64054)(0.076) = t
the answer I got was 0.09729
Alternatively you could also do the following 82000 = 64054^(.076t) log_(64054)8200=(0.076t)log_64054(64054) log_(64054)8200/0.076 = t as log_x(x^(y)) = y
check your answer by solving for A
just a note ln(x) = log_e(x) e is just a irrational number it is a pretty neat irrational number discovered by some crazy russian guy
I took 85000 and divided it by 64054 then multiplied it by .076 and got 0.09729 but that cant be right
what part am i doing wrong
Let me do it
82000 = 64054^(.076t) = log_(64054)8200=(0.076t)log_64054(64054) = log_64054(8200)/0.076 = t https://www.wolframalpha.com/input/?i=log_64054%288200%29%2F0.076 are you imputing it into your calculator correctly?
log on your calculator is default set to base 10 so you have log_10(x) to convert to a log of a different base put the number to log(x)/log(base of x) in your calculator
this is like a different language to me sorry. what is the log for?
logrithm it is a mathematical operation and it is for a ton of different things. You will see it a lot in higher mathematics and in the sciences. It is also how they use to do huge calculations before we were privledged with calculators. As far as the theory goes I can't really explain it to you. I will post the rules for you one second
It is mostly used to solve for exponents though
In my math course we have only learned the A=Pe^rt formula and now have to find the missing value for t
well you have to use logrithems to do that, give me a second I'm looking for the laws of logirthems in my pre calc text book I wil ltake ap icture for you and send it to you
ok Well the basic definition of a logrithm is log_a(x) = y is the same as a^(y) = x
ok thank you for your help, I will give it a try
I will post the protperties for you too if you want them
Ok
Hope this is helpful wanted to test the cameria on my new phone anyways :)
thank you
Just one note I know I already state this but it is a very inportant rule when taking the ln or log of a variable with an exponent you can always move the exponent down so for instance log(x^(y)) is the same thing as ylog(x) ln(x^(y)) is the same thing as yln(x) this is a very important thing to remember as it is incrediably useful in later algebra
@silkrose39560, would you click on the blue bar "Good Answer" if you're happy with Cuddlepony help :)
t = ln ( 82,000/ 64054)/ .076 = 3.2 yrs ( ~ 4 yrs)
Join our real-time social learning platform and learn together with your friends!