document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=22282>Question 22282</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Can you help me with this?\r<BR>\n" );
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document.write( "If you invest in an account that pays 7% compounded continuously, what is the doubling time on you account?\r<BR>\n" );
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document.write( "Thanks<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 #10798 by </B><A HREF=/tutors/aboutme.mpl?userid=wuwei96815><B>wuwei96815(245)</B></A><img src=\"/images/stars/stars-09.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=wuwei96815><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=10798\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> There is a rule of thumb called the law of 72.  If you divide the interest rate into 72 you get the approximate time in years to double your money.  Maybe this applies to your problem.\r<BR>\n" );
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document.write( "72 divided by 14% = 72/0.14 = about 5 years </SPAN>\n" );
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