Precalculus (6th Edition)

Published by Pearson
ISBN 10: 013421742X
ISBN 13: 978-0-13421-742-0

Chapter 4 - Inverse, Exponential, and Logarithmic Functions - 4.5 Exponential and Logarithmic Equations - 4.5 Exercises - Page 470: 90

Answer

$n=-\dfrac{\ln (1-\dfrac{P_i}{A})}{\ln (1+i)}$

Work Step by Step

The given expression can be written as: $1-(1+i)^{-n}=\dfrac{P_i}{A}$ or,$(1+i)^{-n}=1-\dfrac{P_i}{A}$ We need to take natural log of both sides $ \ln (1+i)^{-n}=\ln (1-\dfrac{P_i}{A})$ Now, apply logarithmic property : $\log a^ b=b \log a$ . $-n \ln (1+i)=\ln (1-\dfrac{P_i}{A})$ Now, we will solve for $n$. Therefore, our answer is: $n=-\dfrac{\ln (1-\dfrac{P_i}{A})}{\ln (1+i)}$
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