Solving for n: 5000=200(1-(1.01)^-n/.01

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SUMMARY

The discussion focuses on solving the equation 5000 = 200(1 - (1.01)^(-n) / 0.01) for the variable n. The recommended approach involves taking the logarithm of both sides to simplify the equation. Participants emphasize the importance of showing initial work to receive effective assistance, highlighting a collaborative learning environment. The forum encourages users to engage actively rather than seeking direct answers.

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Homework Statement


5000=200(1-(1.01)to the -n power, divided by .01


Homework Equations





The Attempt at a Solution

 
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Take logs of both sides.
 
Welcome to PhysicsForums, djames1!

Please provide some work you've done on this problem or let us know where you are stuck. That way, we can assist you in a much more efficient way and make sure you don't just copy the work :D

Remember, we help with your homework, not do them.
 

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