SOLUTION: 1400=1000(1+(r/360))^720
How do I solve for r?
Algebra.Com
Question 17466: 1400=1000(1+(r/360))^720
How do I solve for r?
Answer by bam878s(77) (Show Source): You can put this solution on YOUR website!
First, divide both sides by 1000
=
1.4 =
Now take log of both sides
log 1.4 = log
from the properties of logarithms we know:
log = n log x
so,
log 1.4 = 720 log
Divide both sides by 720
=
- 1 =
= r
now just use the calculator
hope this helps
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