Michael could not resist the release of the newest laptop and had to buy it. he financed it through
the store, which was running a special on financing. he was able to make the purchase by agreeing
to an 8.5% simple interest rate and had 3 years to pay off the laptop that cost him $1099.

b

step-by-step explanation:

u take $75 minus $60.the anwer/original($75)multiply by 100

take the logarithm of both sides (the base of the log doesn't matter):

apply the exponent property - this says that :

distribute the log terms on both sides:

group like terms together:

divide through both sides by the coefficient on :

you can do some additional rewriting here using the properties of the logarithm to simplify things if you like: