[Maxima] a financial problem again

Victor Hermans vhfhermans at gmail.com
Tue Mar 27 10:13:53 CDT 2012

Dear Friends,

Maxima cannot solve this relatively simple problem. Why?
Thanks in advance,

A principal of USD 7650 is invested at a rate of 3.7% compounded annually.
After how many years will the investment exceed USD 12250?

solve([7650*1.037^x=12250], [x]);

Victor Hermans
Bartoklaan 14
2253 CX - Voorschoten
tel. 00-31-715613589
mob. 00-31- (0)6-24345774

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