Question

I want answer. I need t’s solution.And I want explanation too.

Answer 1

we have the equation

`log((1,000)/(253.95))=12tlog(1+(0.08)/(12))`

Solve for t

That means

Isolate the variable t

`t=(log((1,000)/(253.95)))/(12log(1+(0.08)/(12)))`
`t=17.2`