# SOLUTION: Please help w/ the following. Thank You. If 10,000 is invested at 9% compounded monthly for 6 years the compounded amount is given by A=10,000(1.0075)^72. Given that lo

Algebra ->  Algebra  -> Exponential-and-logarithmic-functions -> SOLUTION: Please help w/ the following. Thank You. If 10,000 is invested at 9% compounded monthly for 6 years the compounded amount is given by A=10,000(1.0075)^72. Given that lo      Log On

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 Click here to see ALL problems on Exponential-and-logarithmic-functions Question 54614: Please help w/ the following. Thank You. If 10,000 is invested at 9% compounded monthly for 6 years the compounded amount is given by A=10,000(1.0075)^72. Given that log 1.0075=0.00325, find log A. (Note that 10,000=10^4).Answer by stanbon(57262)   (Show Source): You can put this solution on YOUR website!If 10,000 is invested at 9% compounded monthly for 6 years the compounded amount is given by A=10,000(1.0075)^72. Given that log 1.0075=0.00325, find log A. ------------ log A = log 10000 + 72(log 1.0075) log A = 4 +72(0.00325) log A = 4 + 0.234 log A = 4.234 Cheers, Stan H.