Mixed Logarithms Word Problems - Teach-nology
Mixed Logarithms Word Problems - Teach-nology
Mixed Logarithms Word Problems - Teach-nology
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Name ___________________________<br />
Date ____________________<br />
<strong>Mixed</strong> <strong>Logarithms</strong> <strong>Word</strong> <strong>Problems</strong><br />
1. Casey invested $1,225 in a certain bond that pays<br />
19% interest compounded annually. How long will it<br />
take for Brad's investment to triple<br />
2. A material of 490 grams decays at a rate of 0.94%<br />
per year. How much material will be left after 9 years<br />
3. Elsie put $3,800 in a scheme that pays 9% interest<br />
compounded quarterly. How long will it take for Elsie's investment<br />
to double<br />
4. A material decays at a rate of 0.58% per year. How much of<br />
240 grams of the material will be left in 7 years<br />
5. Mike's bond will be worth $15776.60 in ten years. The bond<br />
has an interest rate<br />
of 6% that is compounded half-yearly. What is the present value<br />
of the bond<br />
6. Mini put $9,870 in a three year CD that pays nine percent<br />
compounded annually.<br />
What is the compound interest and amount that will be in the<br />
bank after three years<br />
7. Mary's health bond will be worth $5713.81 in six years. If the<br />
interest rate is 6% that is compounded quarterly then what is the<br />
present value of the bond<br />
8. Gabriel invested $2,100 in a two year scheme that pays seven<br />
percent compounded quarterly. What is the compound interest<br />
and amount that will be in the bank after two years<br />
© This math worksheet is from www.teach-<strong>nology</strong>.com
Name ___________________________<br />
Date ____________________<br />
<strong>Mixed</strong> <strong>Logarithms</strong> <strong>Word</strong> <strong>Problems</strong><br />
Answer Key<br />
1. 6 years and 3 months<br />
2. 448.5 grams<br />
3. 7 years, 7 months<br />
4. 9.7 grams<br />
5. Present worth = $8735.12<br />
6. Interest = $2983.31 Amount = $12853.31<br />
7. Present worth = $4500<br />
8. Interest = $312.65 Amount = $2412.65<br />
© This math worksheet is from www.teach-<strong>nology</strong>.com