Compound Interest and Logarithms

3,148 views · Published 30 July 2016 · 17:31 · Indexed 8 November 2026

Channel: Magic Monk · 2016 · Education

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This video shows you how to use logs to solve compound interest problems. E.g. John invests $5000 at an interest rate of 5% p.a. compounded daily. How long will it take until his investment reaches $100,000?

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