SOLUTION: " If you have five dollars to invest and you are able to double your money every year, how many years will it take you to earn one million dollars?" I need to show algebra. Than

Question 327697: " If you have five dollars to invest and you are able to double your money every year, how many years will it take you to earn one million dollars?"
I need to show algebra. Thank you so much!
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!

First year,
Second year,
.
.
Find so that F=1,000,000

years
At the 17th year you'd have $655,360.
At the 18th year you'd have $1,310,720.

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