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Use log164=0.5000\log _ { 16 } 4 = 0.5000 log1630.3962\log _ { 16 } 3 \approx 0.3962

question 12

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Use log164=0.5000\log _ { 16 } 4 = 0.5000 , log1630.3962\log _ { 16 } 3 \approx 0.3962 , and the properties of logarithms to approximate log1634\log _ { 16 } \frac { 3 } { 4 } to four decimal places. Do not use a calculator.


Definitions:

Interest Revenue

Income earned by an entity from lending money or through investments in interest-bearing assets.

Deferred Revenue

Deferred Revenue is income a company has received for goods or services that have yet to be delivered or performed, recorded as a liability on the balance sheet.

Service Revenue

Income earned by a company through providing services as opposed to selling physical goods.

Salaries Payable

An account that records the amount owed to employees for work performed but not yet paid.

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