document.write( "Question 31311: For questions 3-4, write the logarithmic equation in exponential form. For example, the exponential form of \"log(base 5)25 = 2\" is \"5^2 = 25\".\r
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document.write( "3. (2 points) log (base 3) 27 = 3
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document.write( "4. (2 points) log {base 125) 25 = 2/3
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document.write( "For questions 5 and 6, recall that, when interest is compounded continuously, the balance in an account after t years is given by
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document.write( "A = Pe^(rt)
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document.write( "where P is the initial investment and r is the interest rate. \r
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document.write( "5. (5 points) Maya has deposited $600 in an account that pays 5.64% interest, compounded continuously. How long will it take for her money to double? \r
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document.write( "6. (5 points) Suppose that $2000 is invested at a rate of 6% per year compounded continuously. What is the balance after 1 yr? After 2 yrs?
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Algebra.Com's Answer #18066 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! 3) 3^3=27 \n" ); document.write( "4) 125^(2/3)=25\r \n" ); document.write( "\n" ); document.write( "5)2(600)=600e^(0.0564t) \n" ); document.write( " 2= e^(0.0564t) \n" ); document.write( " Take the natural log of both sides to get: \n" ); document.write( " ln 2 = 0.0564t \n" ); document.write( "0.693147...=0.0564t \n" ); document.write( "t=12.2898.. years\r \n" ); document.write( "\n" ); document.write( "6) A=2000e^(0.06) = 2000(1.062)=$2123.67 after one year\r \n" ); document.write( "\n" ); document.write( " A=2000e^(0.06(2))=2000e^(0.12)=$2254.99 after two years\r \n" ); document.write( "\n" ); document.write( "Cheers, \n" ); document.write( "Stan H.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |