document.write( "Question 370194: How long does it take to earn $1000 interest on a deposit of one million dollars at 9% compounded continuously? (put the answer in days) \n" ); document.write( "
Algebra.Com's Answer #263850 by robertb(5830)\"\" \"About 
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\"1001000+=+1000000e%5E%280.09t%29\"
\n" ); document.write( "\"1.001+=+e%5E%280.09t%29\",
\n" ); document.write( "ln1.001 = 0.09t,
\n" ); document.write( "t = ln1.001/0.09 = 0.0111 yr, or 4 days, virtually. (Used 365 days in a year.)
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