Question

need help on homework. Ive already done #1

Answer 1

I got A(t) = 39,145(1+ 0.03/12)^(12t) for #1

Answer 2

#2. Being a smart financial planner, you want to figure out how many months it will be until your principal is paid down to $10,000.00. Solve for t and show all of your work. Note that t will be negative because the number of months will decrease the principal.

Answer 3

have you used logarithms...?

Answer 4

sorry about the late response, but I know almost niothing about them

Answer 5

I'd have found it helpful had you posted the the original Question #1. While I won't be online long enough to help you with this, perhaps the add'l. info. will make it easier for someone else to help.