Use the Change of Base Formula to Find the Value

question 127

Multiple Choice

Use the change of base formula to find the value of the following logarithm. Do not round logarithms in the change of
base formula. Write the answer rounded to the nearest ten-thousandth.
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• A) 0.9853
• B) 3.0650
• C) 1.9395
• D) 0.3263

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Definitions:

Rate of Inflation

The percentage at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.

Savings and Loan Associations

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Bankrupt

A legal status of a person or entity that cannot repay debts to creditors and is thus subject to an intervention by the court.

1980s

The decade spanning from January 1, 1980, to December 31, 1989, marked by significant global economic, political, and cultural events.