# Using Exponential & Logarithmic Functions to Solve Finance Problems

Instructions:

question 1 of 3

### What is the inverse of y = ln(2x)?

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### 2. If a principal, P = \$100 were invested with an interest rate of 50%, r = 0.50 over a time (t )of 1 year compounded continuously, what would be the principal plus return on rate be?

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How do you solve inverse problems? What concepts would you apply to solve return on rate problems? You will need to be knowledgeable about these topics in order to successfully answer all questions found on this quiz/worksheet assessment.

## Quiz & Worksheet Goals

When you take this quiz, you will be expected to:

• Understand compound interest
• Determine the inverse of given functions
• Apply specific functions to calculate the return on rate in sample problems

## Skills Practiced

• Problem solving - use acquired knowledge to solve inverse practice problems
• Information recall - access the knowledge you've gained regarding compound interest