3. Note: m= 0 a. Find the acceptable solution for the equation: log4(x – 1) + log4 x = 1og100 + m b. How long will it take for a principal to double if money is worth 9.5% compounded monthly?. Hint: CA = p (1 +) nt p(1+; Where CA = Compound Amount P = The principal amount which is lent/borrowed or invested r = Rate of Interest per time, period (usually in percentage) (and it should be in decimal) For example: r = 2% 2 = 0.02 100 t=Time in years n =Number of time periods per year, interest is compounded,. Note that: If interest compounded annually or yearly, then n = 1 If interest compounded semi-annually or half yearly, then n = 2 If interest compounded quarterly, then n = 4 If interest compounded monthly, then n = 12 If interest compounded weekly, then n = 52
3. Note: m= 0 a. Find the acceptable solution for the equation: log4(x – 1) + log4 x = 1og100 + m b. How long will it take for a principal to double if money is worth 9.5% compounded monthly?. Hint: CA = p (1 +) nt p(1+; Where CA = Compound Amount P = The principal amount which is lent/borrowed or invested r = Rate of Interest per time, period (usually in percentage) (and it should be in decimal) For example: r = 2% 2 = 0.02 100 t=Time in years n =Number of time periods per year, interest is compounded,. Note that: If interest compounded annually or yearly, then n = 1 If interest compounded semi-annually or half yearly, then n = 2 If interest compounded quarterly, then n = 4 If interest compounded monthly, then n = 12 If interest compounded weekly, then n = 52
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Please Answer all my Question .. Please help me , I don't want plagiarism.
Transcribed Image Text:3.
Note: m= 0
a. Find the acceptable solution for the equation:
log4(x – 1) + log4 x = 1og100 + m
b. How long will it take for a principal to double if money is worth 9.5% compounded
monthly?.
Hint:
- P(1+5"
nt
= p(1
Where
CA = Compound Amount
P = The principal amount which is lent/borrowed or invested
r = Rate of Interest per time period (usually in percentage) (and it should be in decimal)
For example:
r = 2%
2
= 0.02
100
t =Time in years
n=Number of time periods per year, interest is compounded..
Note that:
If interest compounded annually or yearly, then n = 1
If interest compounded semi-annually or half yearly, then n = 2
If interest compounded quarterly, then n = 4
If interest compounded monthly, then n = 12
If interest compounded weekly, then n = 52
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