Wilson wants to know how long it will take his $1000 investment to double in an account that is earning 6% interest compounded quarterly. He sets up the equation 2 (1.015)" to solve for t. How can he rewrite this exponential equation as a logarithm? 18 %3! F log, 4t 1.015 G log, 1.015 4t H log, o1s 2 4t log, 01s 4t 2

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 29PT: A radiation safety officer is working with 112 grams of a radioactive substance. After 17 days,...
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Wilson wants to know how long it will take his $1000
investment to double in an account that is earning 6% interest
compounded quarterly. He sets up the equation 2 (1.015)*
to solve for t. How can he rewrite this exponential equation as
a logarithm?
18
%3D
F log, 4t
= 1.015
G log, 1.015 = 4t
H log, 015
2 4t
J log, s 4t = 2
L015
Transcribed Image Text:Wilson wants to know how long it will take his $1000 investment to double in an account that is earning 6% interest compounded quarterly. He sets up the equation 2 (1.015)* to solve for t. How can he rewrite this exponential equation as a logarithm? 18 %3D F log, 4t = 1.015 G log, 1.015 = 4t H log, 015 2 4t J log, s 4t = 2 L015
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