document.write( "Question 220944: If 12,000 is invested at an interest rate of 18 % per year compounded continuously, how long will it take for the money to double?
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document.write( "Help, they threw me a curve ball with this one. \n" );
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Algebra.Com's Answer #165815 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! that is a tough one. \n" ); document.write( "I played around a little and came up with 3.855 yrs \n" ); document.write( "A=12000(2.7183)^.18*3.855 \n" ); document.write( "A=12000(2.00151549) \n" ); document.write( "A=24018.19 \n" ); document.write( "not exact science, but close. \n" ); document.write( " |