Intermediate Algebra Unit 9: Logarithms Worksheet - Tangient Llc Page 22
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25Intermediate Algebra
Unit 9: Logarithms
x
(5) Solve for x and round your answer to four decimal places:
1.0246
= 4500
(6)
(a) Write an equation that shows how much money will be in a savings account
that pays 2.75% interest compounded monthly when $500 is invested.
(Assuming there are no other withdrawals or deposits.)
(b) Using your equation from part (a), find how long, to the nearest year, the initial
investment of $500 must be left in this account in order for the account to have a value
over $795.
(7) Lea bought a car for $38,500. It is expected to depreciate at a rate of 12% per year.
After how many years, to the nearest year, will it be worth less than $12,000?
(8) Ms. Pina bought a painting for $5000. It is expected to appreciate in value at a rate of
4% per year. When, to the nearest year, will the painting be worth more than $6300?
21
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Education