Knowledge about exponential and logarithmic functions

Reference no: EM13120647

1. Simplify the following expressions showing your work:

a. X5 * X7

b. Z10/Z11

c. log4 y + log 4 Z

d. log4 y - log4 Z

2. You have $380,000 in your bank account. The interest rate in your account is 5%. Solve for the following showing your work:

a. How much interest will you accumulate if interest is compounded annually over the next five years?

b. How much interest will you earn in your account over the next five years with CONTINUOUS compounding?

Reference no: EM13120647

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