# SOLUTION: maya has deposited \$600 in an account that pays 5.64% interest, compounded continuously. How long will it take for her money to double? Thank you so much for your help!!

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 Question 207168: maya has deposited \$600 in an account that pays 5.64% interest, compounded continuously. How long will it take for her money to double? Thank you so much for your help!!Answer by jojo14344(1512)   (Show Source): You can put this solution on YOUR website! If interest is continously compounded, then we use the formula, where Then, ---> ---> , Answer or 12 yrs, 3 mos. & 14 days Thank you, Jojo