Question

How do you solve `3 = 1.001^(12x)`?

Answer 1

Solution: `x ~~91.60`

Explanation:

`3= 1.001^(12x)` Taking natural log on both sids we get,

`ln (3)= 12x*ln (1.001) or 12x = ln (3)/ln (1.001)` or

`12x ~~1099.1615 or x ~~ 1099.1615/12~~91.60`

Solution: `x ~~91.60` [Ans]