sparknotes
Logarithmic Functions
Problems
Problem : If $800 is put into a bank account that yields 7.16% interest, compounded yearly, about how much money is in the account after 6 years?
Problem : $800 is put into a bank account. After 5 years, there is $1006.88 in the account. What is the yearly compound interest rate of the account?
Problem : An account yields $1400 after 10 years at 6.0% interest, compounded yearly. How much money was put into the account to start?
Problem : $1000 is put into an account that yields 15% interest, compounded yearly. The account yields $17287.78. For how many years is it left in the account?


1.556


