A=P(index0)10^r
If A=80, P(index0)=90, find r
Here's what I did:
A=P(index0)10^r
80=90^r
ln80=ln90^r
r=ln80/ln90
so I get r= 0.973 but actually the solution is supposed to be r=log(8/9) or -0.051153.
What did I do wrong?
You forgot that r was the exponent of 10, not 90.
Thus, $\displaystyle \tfrac{80}{90}=10^r$
Since $\displaystyle \log (x) = \log_{10} (x)$, we can take the logs of both sides:
$\displaystyle \log\left(\tfrac{8}{9}\right)=\log\left(10^r\right )\implies \color{red}\boxed{r=\log\left(\tfrac{8}{9}\right)}$
Does this make sense?
--Chris