SOLUTION: 1.08=(1+x)^52

Algebra ->  Logarithm Solvers, Trainers and Word Problems -> SOLUTION: 1.08=(1+x)^52      Log On


   

Question 397297: 1.08=(1+x)^52
Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
1.08=(1+x)^52
1+x = 1.08^(1/52)
x = 1.08^(1/52) - 1
x =~ 0.0014811158