document.write( "Question 438962: Determine the time necessary for $1000 to double if it is invested at interest rate r=10% compounded continously. \n" ); document.write( "

Algebra.Com's Answer #303436 by ewatrrr(24785) $\"\"$ $\"About$

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document.write( "Hi
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document.write( "Determine the time necessary for $1000 to double 
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document.write( "if it is invested at interest rate r=10% compounded continously.
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document.write( "  2000 = $1000e^(.10*t) Compounding continously
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document.write( " ln (2000/1000) = .10t
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document.write( "   6.9315 yrs  = t \n" );
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