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raimelgarcia5

You want to double your savings of $29,952 in an account with an interest rate of 2.76% that compounds daily. How long will it take you to double your money? Round the solution to the nearest hundredth. Well I'm stuck in this part: 2 = 1.00007561643836^365t *I used the formula: A=P(1+r/n)^nt

  • one year ago
  • one year ago

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  1. Daniel_F
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    I don't really want to explain it because it would take like 30 minutes but I can link you to a yahoo answers if you want?

    • one year ago
  2. raimelgarcia5
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    please

    • one year ago
  3. Daniel_F
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    I sent it to you in a pm

    • one year ago
  4. raimelgarcia5
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    like i jsut dont know what "log'' means... (i think that's what u gotta use right?

    • one year ago
  5. raimelgarcia5
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    the yahoo link... doesnt explain it... or at least not how i did it... like, i dont get it...

    • one year ago
  6. Daniel_F
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    Do you have your text book with you? If so it should show how to do it in the front of the lessons

    • one year ago
  7. raimelgarcia5
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    online class... it doesnt... (Im suppose to know it... ) but last year i was a mess, and now i wanna change...

    • one year ago
  8. raimelgarcia5
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    how to get the "log" of that... i jsut dont get what a "log" is

    • one year ago
  9. Daniel_F
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    I go to Connections Academy and I have text books, the only log I know is a logarithm which I don't think has much to do with this lol

    • one year ago
  10. Daniel_F
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    But anyways I've got to go, my mom needs me to put her table together... goodluck

    • one year ago
  11. ryan123345
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    look up logarithium

    • one year ago
  12. raimelgarcia5
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    A = P (1+r/n)^nt 59905 = 29952(1+.0276/365)^365t 2 = 1.00007561643836^365t stuck here! :/

    • one year ago
  13. raimelgarcia5
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    nobody??????

    • one year ago
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