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Solve the Equation logx2log8=3\log x - 2 \log 8 = 3

question 218

Multiple Choice

Solve the equation. Write the solution set with the exact solutions. Also give approximate solutions to 4
decimal places if necessary.
- logx2log8=3\log x - 2 \log 8 = 3

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Definitions:

360-Day Year

An accounting convention that simplifies interest calculations by assuming all months have 30 days, resulting in a 360-day year.

Bond

A fixed income instrument representing a loan made by an investor to a borrower, typically corporate or governmental.

Purchase Cost

The total expense incurred to acquire an asset, including the purchase price and associated costs.

360-Day Year

A financial convention or simplification to treat all months as 30 days in duration for the ease of interest calculations and financial analysis.

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