SOLUTION: I'm having trouble solving for 'x' in the equation {{{1.5(1.05)^x = 2(1.01)^x}}} I have tried turning it into a log, so I can solve for the approximate answer on a calculator, but
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-> SOLUTION: I'm having trouble solving for 'x' in the equation {{{1.5(1.05)^x = 2(1.01)^x}}} I have tried turning it into a log, so I can solve for the approximate answer on a calculator, but
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Question 98613This question is from textbook Calculus with Applications Brief Version
: I'm having trouble solving for 'x' in the equation I have tried turning it into a log, so I can solve for the approximate answer on a calculator, but I can't figure out how to get the 'x' out of the exponent on each side. Can you help me? This question is from textbook Calculus with Applications Brief Version
You can put this solution on YOUR website! 1.5(1.05)^x = 2(1.01)^x
Divide both sides by 1.5 to get:
(1.05)^x = (4/3)(1.01)^x
Divide both sides by (1.01)^x to get:
[(1.05)/(1.01)]^x = (4/3)
[1.03960...]^x = (4/3)
Take the log of both sides to get:
xlog [......._] = log(4/3)
x = log(4/3)/log[....]
x = 0.120179....
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Cheers,
Stan H.