SOLUTION: I am attempting to get an understanding to the resolution of this problem. For my Algebra class, the instructions provide a good breakdown of how the problem is constructed, what I

Algebra ->  Logarithm Solvers, Trainers and Word Problems -> SOLUTION: I am attempting to get an understanding to the resolution of this problem. For my Algebra class, the instructions provide a good breakdown of how the problem is constructed, what I      Log On


   

Question 1028618: I am attempting to get an understanding to the resolution of this problem. For my Algebra class, the instructions provide a good breakdown of how the problem is constructed, what I am struggling with is how the answer was conceived from the problem. The lesson does not provide clarification or a breakdown. Here is the problem below, I am not sure as to how the answer was reached as I tried all ways that I could think of and I was coming up with an answer of 1.4157
The Equation: P(11)=5000e(ln(14/5)/8)(11)
The Answer: P(11) ~ 20.597

Answer by Fombitz(32388) About Me  (Show Source):
You can put this solution on YOUR website!
How?
The right hand side looks like this,
5000e%5E%28%281%2F8%29%2Aln%2814%2F5%29%29%2A11=62554.34
Am I misinterpreting what you wrote?
I don't get 20.597 but I don't get 1.4157 either.