document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=625920>Question 625920</A>: <I><SPAN STYLE=\"word-break: break-all;\"> I'm trying to solve a future value equation and i need to solve for t. Please i just cant seem to get it<BR>\n" );
document.write( "the formula is fv=pv(1+r)^t <BR>\n" );
document.write( "If my fv=1105 pv=250 interest is 8% what is t(number of years) i need it broke down all the way please because my calculations just aren't coming out right.<BR>\n" );
document.write( "PLEASE SOMEBODY HELP ME!  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #393899 by </B><A HREF=/tutors/aboutme.mpl?userid=Alan3354><B>Alan3354(69443)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Alan3354><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=Alan3354><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=393899\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> the formula is fv=pv(1+r)^t <BR>\n" );
document.write( "If my fv=1105 pv=250 interest is 8% what is t(number of years)<BR>\n" );
document.write( "-------------<BR>\n" );
document.write( "1105 = 250*(1.08)^t<BR>\n" );
document.write( "You didn't spec the compounding period, I'll use yearly<BR>\n" );
document.write( "1105 = 250*(1.08)^t<BR>\n" );
document.write( "1.08^t - 1105/250 = 4.42<BR>\n" );
document.write( "t*log(1.08) = log(4.42)<BR>\n" );
document.write( "t = log(4.42)/log(1.08)<BR>\n" );
document.write( "t =~ 19.31 years </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );