I need help solving the following:
c(1+g1)^n = k(1+g2)^n
where c and k are positive constants and g1 and g2 are growth rates. need to solve for n
c>k g2>g1
I should know how to do this but I am having trouble. Thank you
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I need help solving the following:
c(1+g1)^n = k(1+g2)^n
where c and k are positive constants and g1 and g2 are growth rates. need to solve for n
c>k g2>g1
I should know how to do this but I am having trouble. Thank you
I would try this:
Can you continue?
is this correct then?
[log(c/k)]/log[(1+g2)/1+g1)] =
I appreciate the help. Can you refer me to a source that gives basic log rules? I should have learned them in high school math class but I must not have been paying attention during those classes
See here for a list of the basic logarithmic identities.
You don't have an equation in post # 3. So, I would not agree with your result as is.
ok I am sorry,
[log(c/k)]/log[(1+g2)/1+g1)] = n
You just need one more parenthesis in there. Put it like this:
[log(c/k)]/log[(1+g2)/(1+g1)] = n. Then you have it.