Hi Everyone,

I was hoping for some help on the following problem

44000 * (1.03)^x = 50000 * (1.02)^x

What does X equal?

Thanks in advance,

Chris

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- Oct 18th 2011, 03:08 PMdubs1013Simple Algebra Question
Hi Everyone,

I was hoping for some help on the following problem

44000 * (1.03)^x = 50000 * (1.02)^x

What does X equal?

Thanks in advance,

Chris - Oct 18th 2011, 03:15 PMTheEmptySetRe: Simple Algebra Question
- Oct 18th 2011, 03:52 PMdubs1013Re: Simple Algebra Question
If you could walk me through the logarihm that would be great. Thank you very much

- Oct 18th 2011, 04:12 PMskeeterRe: Simple Algebra Question
$\displaystyle a^x = b$

$\displaystyle \log(a^x) = \log(b)$

$\displaystyle x \log(a) = \log(b)$

$\displaystyle x = \frac{\log(b)}{\log(a)}$