SOLUTION: Find the solution of the exponential equation 1000(1.05)^(2t)=5,000 in terms of logarithms, or correct to four decimal places. Find T?

SOLUTION: Find the solution of the exponential equation 1000(1.05)^(2t)=5,000 in terms of logarithms, or correct to four decimal places. Find T?

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Question 1149070: Find the solution of the exponential equation
1000(1.05)^(2t)=5,000
in terms of logarithms, or correct to four decimal places.
Find T?
Answer by greenestamps(13203) (Show Source): You can put this solution on YOUR website!

The variable is in the exponent; take logs of both sides.

Use basic algebra to solve for t.

Use a calculator if you want a decimal answer.

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