
#1
Apr1012, 05:40 AM

P: 232

1. The problem statement, all variables and given/known data
125,000=79,770.26(1+[itex]\frac{.045}{n}[/itex])^{10n} 2. Relevant equations 3. The attempt at a solution I'm not sure how to use a logarithm with this, or if it's even possible. I know that n=12, I just don't know how to solve for it. 



#2
Apr1012, 06:35 AM

Mentor
P: 14,433

You can't solve this analytically. You will need to resort to numerical techniques. 



#3
Apr1012, 06:44 AM

P: 232

Thanks, I wasn't sure if I was missing something. It's not exactly 12 here because the 79,770.26 is rounded.




#4
Apr1012, 02:03 PM

P: 329

How to solve this algebraically?
79,770.62 is closer, and 79,770.63 is closer still for n=12.




#5
Apr1012, 08:10 PM

HW Helper
P: 3,436





#6
Apr1112, 09:33 AM

HW Helper
P: 2,874




Register to reply 
Related Discussions  
Solve 3x7x8 > 4 (solve algebraically)  Precalculus Mathematics Homework  6  
Is there anything wrong with this algebraically?  Precalculus Mathematics Homework  3  
solve algebraically  Precalculus Mathematics Homework  2  
Solving Algebraically  Introductory Physics Homework  3  
looking for an excellent definition of "solve algebraically"  General Math  3 