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Solve the Compound Interest Formula for time given: 250,000 = 12,000e^.125t
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5 votes
Solve the Compound Interest Formula for time given:
250,000 = 12,000e^.125t

Solve the Compound Interest Formula for time given: 250,000 = 12,000e^.125t-example-1
User Gasman
by
7.2k points

1 Answer

4 votes
250000
=
13597.781437
t
Let's solve your equation step-by-step.
250000
=
13597.781437
t
Step 1: Flip the equation.
13597.781437
t
=
250000
Step 2: Divide both sides by 13597.781437.
13597.781437
t
13597.781437
=
250000
13597.781437
t
=
18.385352
Answer:
t
=
18.385352
User Greg Thatcher
by
7.5k points
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