2500(1+r/10)^(10x12)
It's the "r" that's tripping me up.
This probably involves logarithms, doesn't it?
I'd prefer answers as detailed as possible.
I'm trying to solve for "r".
Revised problem: 5000=(1+r/10)^(10x12)
Sorry about that. xP The position of r is the thing tripping me up.
It's the "r" that's tripping me up.
This probably involves logarithms, doesn't it?I'd prefer answers as detailed as possible.
I'm trying to solve for "r".
Revised problem: 5000=(1+r/10)^(10x12)
Sorry about that. xP The position of r is the thing tripping me up.