## raimelgarcia5 2 years ago 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

1. Daniel_F

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?

2. raimelgarcia5

3. Daniel_F

I sent it to you in a pm

4. raimelgarcia5

like i jsut dont know what "log'' means... (i think that's what u gotta use right?

5. raimelgarcia5

the yahoo link... doesnt explain it... or at least not how i did it... like, i dont get it...

6. Daniel_F

Do you have your text book with you? If so it should show how to do it in the front of the lessons

7. raimelgarcia5

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

8. raimelgarcia5

how to get the "log" of that... i jsut dont get what a "log" is

9. Daniel_F

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

10. Daniel_F

But anyways I've got to go, my mom needs me to put her table together... goodluck

11. ryan123345

look up logarithium

12. raimelgarcia5

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

13. raimelgarcia5

nobody??????