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math homework help?
how in the world do I solve for 4(1.02)^x=3(1.03)^x
the answer is 29.4872
please help! I've been working on it forever now and it's stressing me out
1 Answer
- Marley KLv 77 years agoFavorite Answer
4(1.02)^x = 3(1.03)^x
take log of both sides and apply properties of logs to expand:
log4 + xlog(1.02) = log3 + xlog(1.03)
terms with x on the left, others on the right:
xlog(1.02) - xlog(1.03) = log3 - log4
factor out the x:
x(log1.02 - log1.03) = log3 - log4
divide:
x = (log3 - log4) / (log1.02 - log1.03)
calculate:
x ≈ 29.4872
that's it! ;)