Ook This Question: 1 pt
3 of 4 (2 complete)
This Quiz
d
Use the sinking fund formula shown to the right to determine the monthly payment needed to accumulate $200,000 with 9% interest are
compounded monthly for 26 years.
р
arce
The monthly invested payment is $
(Round up to the nearest cent)
sources
tions
tion Tools
Enter answer in the answer box

the graph on the bottom right

x =-.20752

step-by-step explanation:

4^(x+2)=12

4^(x+2)=12

take the log base 4 on each side

log 4 (4^(x+2) = log 4(12)

we know log b(a^y) = y log b (a)

(x+2) log 4(4) = log 4 (12)

x+2 = log 4 (12)

we know   logb c = loga c/loga b

we want to convert to base 10   so a = 10

by default, we do not write the 10   c = 4   and b = 10

log4 10 = log 12/log 4

log4 10 = log 12/ log 4

x+2 = log 12/ log 4

subtract 2 from each side

x +2 -2 = log 12/ log 4 -2

x = 1.79248125 -2

x =-.20752