SOLUTION: How do I solve: 3000=2000(1+.06)^t. I thought that I would try to post my query on this section because I could not find a section that taught how to do this function. Thanks much

Question 22638: How do I solve: 3000=2000(1+.06)^t. I thought that I would try to post my query on this section because I could not find a section that taught how to do this function. Thanks much appreciated.
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Divide both sides by 2000 to get:
(3/2) = (1.06)^t
Take the log of both sides to get:
log 1.5 = t (log 1.06)
Divide both sides by log1.06 to get
[log 1.5]/[log1.06] = t
Cheers,
Stan H.
RELATED QUESTIONS
Hello, I would like to know how could I solve the following expression:... (answered by fcabanski)

Hello! I am working on quadratic equations this week, in my Algebra class (section 11.4,... (answered by mananth)

Hello! Im new to this so i apologize in advance if i make any mistakes with the post (im (answered by Alan3354)

I do not need help on a specific problem; however, I would appreciate guidance on how to... (answered by lwsshak3)

How do you solve:... (answered by rapaljer)

I thought I knew how to do these but I obviously do not because I missed them on my... (answered by scott8148,Earlsdon)

This is a linear equation, I'm not sure if I'm in the right section, but here is what I... (answered by chessace)

I'm so confused on what my math teacher is asking... Sin θ=4/5, cos θ=-3/5 I need to... (answered by MathLover1,math_tutor2020,ikleyn,mccravyedwin)

I'm very much stuck on this problem. I'm not sure if this is in the right section, but I (answered by mananth)