How do I find the value of N, 2 = (1.07)^N

georgemathew

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Jan 15, 2022
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find N

2 = {1.07}^{N}

I have the answer in my booklet as 10.24. However, kindly help me with the steps to derive the answer
 
find N

2 = {1.07}^{N}

I have the answer in my booklet as 10.24. However, kindly help me with the steps to derive the answer
Use the law of logarithm:

log(a^b) = b * log(a)

Please show us what you have tried and exactly where you are stuck.

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Please share your work/thoughts about this problem.
 
If 2=(1.07)N2=(1.07)^N Then log(2)=Nlog(1.07)\log(2)=N\log(1.07) or N=log(2)log(1.07)N=\dfrac{\log(2)}{\log(1.07)}
SEE HERE.


 
If you haven't learnt about logarithms, then you would probably be expected to solve it by trial and error. Or graphically.
 
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