document.write( "Question 140090: Need help with this. Thanks!\r
\n" ); document.write( "\n" ); document.write( "A woman deposits $50,000 in a savings account with 4% continuously compound interest. How many years must she wait until the balance has doubled?
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Algebra.Com's Answer #102091 by scott8148(6628)\"\" \"About 
You can put this solution on YOUR website!
the formula you need is A=Pe^(rt)
\n" ); document.write( "__ A is the Amount after time t
\n" ); document.write( "__ P is the Principal you start with
\n" ); document.write( "__ e is Euler's number (the base for natural logarithms)
\n" ); document.write( "__ r is the rate of interest
\n" ); document.write( "__ r and t have to use the same time units\r
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\n" ); document.write( "\n" ); document.write( "100000=50000e^(.04t) __ dividing by 50000 __ 2=e^(.04t)\r
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\n" ); document.write( "\n" ); document.write( "taking natural log __ ln(2)=.04t __ dividing by .04 __ [ln(2)]/.04=t
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