document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=436406>Question 436406</A>: <I><SPAN STYLE=\"word-break: break-all;\"> find the number of years it would take to grow an initial investment of $2,000 to a future value of $5,000, at an interest rate of 8.5%, compounded annually.\r<BR>\n" );
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document.write( "formula: FVn=PV(1+i)n\r<BR>\n" );
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document.write( "FVn IS THE FUTURE VALUE OF THE INVESTMENT AFTER N YEARS<BR>\n" );
document.write( "PV IS THE INITIAL AMOUNT OF THE INVESTMENT<BR>\n" );
document.write( "i is the interest rate<BR>\n" );
document.write( "n is the length of the investment in years<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 #301956 by </B><A HREF=/tutors/aboutme.mpl?userid=rfer><B>rfer(16322)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=rfer><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=301956\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 5000=2000(1.085)^t<BR>\n" );
document.write( "5000/2000=1.085^t<BR>\n" );
document.write( "2.5=1.085^t<BR>\n" );
document.write( "t=11.25 yrs </SPAN>\n" );
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