(adsbygoogle = window.adsbygoogle || []).push({}); 1. The problem statement, all variables and given/known data

Solve the compound interest formula for r by using natural logarithms.

2. Relevant equations

A=P(1+r/n)^{nt}

3. The attempt at a solution

1400 = 1000(1+r/360)^{(360*2)}

1.4 = (1+r/360)^{720}

ln(1.4) = 720ln((360+r)/360)

I'm not sure where to go after this. Did I make a mistake?

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# Compound Interest Formula and Natural Logarithms

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