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Mathematics 30 Online
OpenStudy (lsdxmdmaddicthc):

2.2183 = (1+(0.038/n))^(n21) Can someone walk me through this?

OpenStudy (anonymous):

hmm is this the original question?

OpenStudy (lsdxmdmaddicthc):

No, I simplified the equation to this point but I can't figure out how to go farther

OpenStudy (anonymous):

can you post the original one?

OpenStudy (lsdxmdmaddicthc):

19,909.2 = 8,975(1+(0.038/n))^(n21)

OpenStudy (lsdxmdmaddicthc):

@satellite73

OpenStudy (anonymous):

aye yikes ok

OpenStudy (anonymous):

some interest rate question or was that the actual start?

OpenStudy (lsdxmdmaddicthc):

This is the start

OpenStudy (anonymous):

i can't think of a snappy way to do it, i would cheat

OpenStudy (lsdxmdmaddicthc):

I don't know how to cheat?

OpenStudy (lsdxmdmaddicthc):

I just want to know how to find the answer lol

OpenStudy (anonymous):

looks like 12 http://www.wolframalpha.com/input/?i=19%2C909.2+%3D+8%2C975%281%2B%280.038%2Fx%29%29^%2821x%29+ we can start if you like, will require some logarithms

OpenStudy (lsdxmdmaddicthc):

I'd really appreciate it if you could help me.

OpenStudy (anonymous):

ok i lied, i have no idea how to do this without cheating my only suggestion would be to guess and check

OpenStudy (lsdxmdmaddicthc):

Hahahaha, okay.... :\

OpenStudy (lsdxmdmaddicthc):

Well thanks anyways I guess

OpenStudy (lsdxmdmaddicthc):

Anybody else?

OpenStudy (anonymous):

sorry i am almost positive it cannot be done using basic properties of the log and algebra

OpenStudy (anonymous):

where does the question come from?

OpenStudy (lsdxmdmaddicthc):

Compound Interest Homework

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