Saad invests S8000 with the bank The interesest rate is 7.5% per annum compounded annually. The bank said Ravindu would receive back $11 485.03 Which of the following is a step in the calculation to find the number of years the investment was for? K, = V (1+ 100) Note the formula: Select one: A. log1.075 log1.348503 log0.6966 log1.075 O B. log1.075 log14356 n%3D logt. 348503 logt.075 D. log14356 log1.075 O E
Saad invests S8000 with the bank The interesest rate is 7.5% per annum compounded annually. The bank said Ravindu would receive back $11 485.03 Which of the following is a step in the calculation to find the number of years the investment was for? K, = V (1+ 100) Note the formula: Select one: A. log1.075 log1.348503 log0.6966 log1.075 O B. log1.075 log14356 n%3D logt. 348503 logt.075 D. log14356 log1.075 O E
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 4PT: An investment account was opened with aninitial deposit of 9,600 and earns 7.4 interest,compounded...
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