Question

Please help me solve for k. Not sure what to do?

Answer 1

`k=ln((R(t))/(R(t+Delta)))/Delta`

Explanation:

You will need to use logarithms to solve for `k`:

`(R(t))/(R(t+Delta))=e^(kDelta)`

Take the natural logarithm of both sides:

`ln((R(t))/(R(t+Delta)))=lne^(kDelta)`

Here, `lne` is equivalent to the natural logarithm of `e` which is `1`.

`ln((R(t))/(R(t+Delta)))=(kDelta)`

Then isolate `k` by dividing the left side of the equation by `Delta`:

`ln((R(t))/(R(t+Delta)))/Delta=k`