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2=1.08n2 = 1.08^n

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Q. 2=1.08n2 = 1.08^n
  1. Apply Logarithm: We are given the equation 2=1.08n2 = 1.08^n and we need to find the value of nn. To solve for nn, we can take the logarithm of both sides of the equation. We can use any logarithm base, but it's common to use base 1010 or the natural logarithm base ee. Let's use the natural logarithm (ln\ln) for this calculation. We apply the logarithm to both sides: ln(2)=ln(1.08n)\ln(2) = \ln(1.08^n).
  2. Rewrite Equation: Using the property of logarithms that allows us to bring the exponent in front of the logarithm, we rewrite the right side of the equation: ln(2)=n×ln(1.08)\ln(2) = n \times \ln(1.08).
  3. Isolate n: Now we need to isolate n. To do this, we divide both sides of the equation by ln(1.08)\ln(1.08): n=ln(2)ln(1.08)n = \frac{\ln(2)}{\ln(1.08)}.
  4. Calculate nn: We can now calculate the value of nn using a calculator: nln(2)ln(1.08)n \approx \frac{\ln(2)}{\ln(1.08)}. Using a calculator, we find that ln(2)0.693147\ln(2) \approx 0.693147 and ln(1.08)0.076961\ln(1.08) \approx 0.076961. So, n0.6931470.076961n \approx \frac{0.693147}{0.076961}.
  5. Final Result: Performing the division, we get n9.0055n \approx 9.0055. This is the value of nn that satisfies the equation 2=1.08n2 = 1.08^n.

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