document.write( "Question 419618: how long does it take $50 to grow to $200 invested at 4% compounded monthly \n" ); document.write( "
Algebra.Com's Answer #293405 by nerdybill(7384)![]() ![]() You can put this solution on YOUR website! A = P(1 + r/n)^(nt) \n" ); document.write( "where \n" ); document.write( "A is amount after time t \n" ); document.write( "P is initial amount \n" ); document.write( "r is interest rate \n" ); document.write( "n is times compounded \n" ); document.write( "t is time \n" ); document.write( ". \n" ); document.write( " how long does it take $50 to grow to $200 invested at 4% compounded monthly \n" ); document.write( ". \n" ); document.write( "A is 200 \n" ); document.write( "P is 50 \n" ); document.write( "r is .04 \n" ); document.write( "n is 12 \n" ); document.write( "t is what we're solving for \n" ); document.write( ". \n" ); document.write( "A = P(1 + r/n)^(nt) \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " |