AlgebraLab

Logarithmic Word Problems

By C Gulliksen

Answer the following questions:

The population in the town of Huntersville is presently 38,300.  The town grows at an annual rate of 1.2%.  Find the number of years it takes for the population to grow to 42,500.

The population in the town of Deersburgh is presently 42,500.  The town has been growing at a steady rate of 2.7%.  Find the number of years ago that the population was 30,000.

1,200isinvestedatanannualrateof3.21,200 is invested at an annual rate of 3.2%.  Find the number of years it will take for the account balance to be 1,480.

The value of a stock when purchased was 10ashare. Thestockgrewatamonthlyrateof710 a share.  The stock grew at a monthly rate of 7%.  Find the number of months it took to reach a value of 15.75 a share.

The value of a stock when purchased is 10ashare. Thestockdecreasedatarateof310 a share.  The stock decreased at a rate of 3% daily.  Find the number of days it took for the stock to be worth 7.40.