Question

5,000=55.66 (1.114)^x (i.e. What is x?)

ln 5,000= x ln 55.66 1.114

I keep getting 2 point something, but does this make sense? My calculator display looks like this: ln 5000/ln (55.66)(1.114)

Answer 1

Yes, I am getting 2.063664032

Answer 2

5000=55.66 (1.114)^x
5000/55.66 = 1.114^x
89.83 = 1.114^x
log 89.83 = x log 1.114
x = log 89.83 / log 1.114
x = 41.66

why did you do

ln 5000/ln (55.66)?