Use the Change-Of-Base Formula and a Calculator to Evaluate the Logarithm

question 337

Multiple Choice

Use the Change-of-Base Formula and a calculator to evaluate the logarithm. Round your answer to two decimal places.
- $\log _ { 6.9 } 2.8$

• A) \(0.41\)
• B) \(0.53\)
• C) \(0.45\)
• D) \(1.88\)

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Definitions:

Capital Gain Yield

The rise in the price of a security, like a stock or bond, leading to a profit if sold; expressed as a percentage increase over the investment's cost.

Income Yield

The return on an investment in terms of the income generated, expressed as a percentage of the investment's cost.

Total Return

The overall gain or loss on an investment over a particular period, including dividends, interest, and capital gains.

Rate of Return

The net gain or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.