document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=290312>Question 290312</A>: <I><SPAN STYLE=\"word-break: break-all;\"> I am trying to help a student and cannot seem to solve this problem...\r<BR>\n" );
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document.write( "Nate has a savings account that is at 6% per year, he puts in $600 and adds no more.\r<BR>\n" );
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document.write( "The book shows that x = 600(1.06)^t  where x is total amount in account and <BR>\n" );
document.write( "t is the time in years.\r<BR>\n" );
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document.write( "How long will it take to reach $2400..  so:\r<BR>\n" );
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document.write( "$2400 = $600(1.06)^t  if I have my logs correct that means<BR>\n" );
document.write( "first you divide by 600 so the statement reads\r<BR>\n" );
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document.write( "4 = (1.06)^t   then t=log(1.06)(4)...this answer comes out to be .10 which is no where near the right answer which should be around 12.\r<BR>\n" );
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document.write( "Any ideas as to what I am doing wrong?<BR>\n" );
document.write( "thanks </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #210077 by </B><A HREF=/tutors/aboutme.mpl?userid=scott8148><B>scott8148(6628)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=scott8148><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=scott8148><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=210077\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> \"4 = (1.06)^t then t=log(1.06)(4)...\" ___ the error is here<BR>\n" );
document.write( "___ not sure how you went from first part to second part\r<BR>\n" );
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document.write( "4 = (1.06)^t ___ log(4) = t [log(1.06)]\r<BR>\n" );
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document.write( "t = [log(4)] / [log(1.06)] </SPAN>\n" );
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