how did you get the answer for the problem below? =14000(1+0.04/12)12*12 =14000(1+0.003)144 =21550.75
how did you get the answer for the problem below? =14000(1+0.04/12)12*12 =14000(1+0.003)144 =21550.75
Chapter10: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 445RE: Mouse populations can double in 8 months (A=2A0) . How long will it take for a mouse population to...
Related questions
Question
Please help me to understand how did you get the answer for the problem below?
=14000(1+0.04/12)12*12
=14000(1+0.003)144
=21550.75
I did the calculations and it is not coming out to that answer of the 21550.75. Please explain how it was done in detail.
Thank you
Santresa Harris
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Recommended textbooks for you
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell