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hmm is this the original question?
No, I simplified the equation to this point but I can't figure out how to go farther
can you post the original one?
19,909.2 = 8,975(1+(0.038/n))^(n21)
aye yikes ok
some interest rate question or was that the actual start?
This is the start
i can't think of a snappy way to do it, i would cheat
I don't know how to cheat?
I just want to know how to find the answer lol
looks like 12 http://www.wolframalpha.com/input/?i=19%2C909.2+%3D+8%2C975%281%2B%280.038%2Fx%29%29^%2821x%29+ we can start if you like, will require some logarithms
I'd really appreciate it if you could help me.
ok i lied, i have no idea how to do this without cheating my only suggestion would be to guess and check
Hahahaha, okay.... :\
Well thanks anyways I guess
sorry i am almost positive it cannot be done using basic properties of the log and algebra
where does the question come from?
Compound Interest Homework