SOLUTION: The amount A in account after t years from an initial principle P invested at an annual rate r compounded continuously is given by A = Pe^rt where r is expressed as a decimal. Sol

Algebra ->  Exponential-and-logarithmic-functions -> SOLUTION: The amount A in account after t years from an initial principle P invested at an annual rate r compounded continuously is given by A = Pe^rt where r is expressed as a decimal. Sol      Log On


   

Question 44933This question is from textbook Algebra and Trigonometry with Analytic geometry
: The amount A in account after t years from an initial principle P invested at an annual rate r compounded continuously is given by A = Pe^rt where r is expressed as a decimal. Solve this formula for t in terms of A,P and r.
My answer would be t=1n{AP/r} is this right. Thanks soooo much for looking at this question. This question is from textbook Algebra and Trigonometry with Analytic geometry

Answer by Nate(3500) About Me  (Show Source):
You can put this solution on YOUR website!
A = Pe^(rt)
A/P = e^(rt)
ln(A/P) = ln(e^(rt))
ln(A/P) = rt
ln(A/P)/r = t