SOLUTION: The amount A in an account after t years of an initial principle P invested at an annual rate r compounded continously is given by A=Pe^rt where r is expressed as a decimal. Solve
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Question 82674This question is from textbook
: The amount A in an account after t years of an initial principle P invested at an annual rate r compounded continously 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.
This question is from textbook
Answer by scott8148(6628) (Show Source): You can put this solution on YOUR website!
dividing by P gives A/P=e^rt ... taking the natural log gives ln(A/P)=rt ... dividing by r gives (ln(A/P))/r=t
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