document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=145157>Question 145157</A>: <I><SPAN STYLE=\"word-break: break-all;\"> I have a problem setting up the equation for these 2 word problems.  Any help would be greatly appreciated.  \r<BR>\n" );
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document.write( "The instructions are:<BR>\n" );
document.write( "For questions 5 and 6, recall that, when interest is compounded continuously, the balance in an account after t years is given by <BR>\n" );
document.write( "A = Pert,<BR>\n" );
document.write( "where P is the initial investment and r is the interest rate. \r<BR>\n" );
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document.write( "5.	Maya has deposited $600 in an account that pays 5.64% interest, compounded continuously. How long will it take for her money to double? \r<BR>\n" );
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document.write( "6.	Suppose that $2000 is invested at a rate of 6% per year compounded continuously. What is the balance after 1 yr? After 2 yrs?\r<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #105881 by </B><A HREF=/tutors/aboutme.mpl?userid=vleith><B>vleith(2983)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=vleith><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=105881\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> see this --> http://www.moneychimp.com/articles/finworks/continuous_compounding.htm\r<BR>\n" );
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document.write( "Given <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=+Pe%5E%28rt%29+ ALIGN=MIDDLE  ALT=\"A=+Pe%5E%28rt%29+\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "Maya has deposited $600 in an account that pays 5.64% interest, compounded continuously. How long will it take for her money to double? \r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1200+=+600e%5E%280.0564t%29 ALIGN=MIDDLE  ALT=\"1200+=+600e%5E%280.0564t%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2+=+e%5E%280.0564t%29 ALIGN=MIDDLE  ALT=\"2+=+e%5E%280.0564t%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=ln2+=+0.0564t+ ALIGN=MIDDLE  ALT=\"ln2+=+0.0564t+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=ln2%2F+%280.0564%29+=+t+ ALIGN=MIDDLE  ALT=\"ln2%2F+%280.0564%29+=+t+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=12.29+=+t+ ALIGN=MIDDLE  ALT=\"12.29+=+t+\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "Suppose that $2000 is invested at a rate of 6% per year compounded continuously. What is the balance after 1 yr? After 2 yrs?\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+6000e%5E%280.06t%29+ ALIGN=MIDDLE  ALT=\"A+=+6000e%5E%280.06t%29+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=+6000e%5E%280.06%29 ALIGN=MIDDLE  ALT=\"A=+6000e%5E%280.06%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+6371 ALIGN=MIDDLE  ALT=\"A+=+6371\"   DISABLED_style= \"max-width:90%; height:auto;\" > after 1 year\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+6000e%5E%280.06t%29+ ALIGN=MIDDLE  ALT=\"A+=+6000e%5E%280.06t%29+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=+6000e%5E%280.06+%2A+2%29 ALIGN=MIDDLE  ALT=\"A=+6000e%5E%280.06+%2A+2%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+6765 ALIGN=MIDDLE  ALT=\"A+=+6765\"   DISABLED_style= \"max-width:90%; height:auto;\" > after 2 years </SPAN>\n" );
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