Chapter 4: Problem 2
$$ \text { Write an equivalent exponential equation. } $$ $$ \log _{3} 81=4 $$
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Chapter 4: Problem 2
$$ \text { Write an equivalent exponential equation. } $$ $$ \log _{3} 81=4 $$
These are the key concepts you need to understand to accurately answer the question.
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$$ \begin{array}{l} \text { Given } \log _{b} 3=1.099 \text { and } \log _{b} 5=1.609, \text { find each }\\\ \text { of the following. } \end{array} $$ $$ \log _{b} 5 b $$
$$ \text { Write an equivalent logarithmic equation. } $$ $$ 10^{3}=1000 $$
Suppose that \(P_{0}\) is invested in a savings account in which interest is compounded continuously at \(6.5 \%\) per year. That is, the balance P grows at the rate given by $$ \frac{d P}{d t}=0.065 P $$ a) Find the function that satisfies the equation. List it in terms of \(P_{0}\) and \(0.065\). b) Suppose that $$\$ 1000$$ is invested. What is the balance after 1 yr? after 2 yr? c) When will an investment of $$\$ 1000$$ double itself?
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