Ex 2 Compounded Interest with Logarithms











############################# Video Source: www.youtube.com/watch?v=qCsBmcPggiE

This video provides an example of compounded interest. Interest is compounded monthly. Logarithms are used to determine the time when the account will reach a certain balance. • Library: http://mathispower4u.com • Search by Topic: http://mathispower4u.wordpress.com

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