Question

hey i need help

Answer 1

use the formula given

A = P(1+r)^t

where P = 1000, r = 0.08, and A = 1300

then solve for t

Answer 2

ok

Answer 3

let me know what you get

Answer 4

how do u solve for an exponent I’ve never had to do that before

Answer 5

@Vocaloid

Answer 6

use logarithms

Answer 7

1300 = 1000(1.08)^t

divide both sides by 1300 to get

1.3 = (1.08)^t

then log (base 1.08) of each side to get

log_1.08(1.3) = t

Answer 8

you can calculate that by entering

log(1.3)/log(1.08) to get your answer

Answer 9

*** entering into a calculator

Answer 10

so its 3.40905295

Answer 11

@Vocaloid