document.write( "Question 47892: The amount of A in an account after t years from an initial principle P invested at an annual rate r compounded continuously is given by A=Pe^rt where r is expressed as a decimal. How many years will it take an initial investment of $1,000 to grow to $1,700 at the rate of 4.42% compunded continuously.\r
\n" ); document.write( "\n" ); document.write( "I came up with 12 years.
\n" ); document.write( "

Algebra.Com's Answer #31691 by Nate(3500)\"\" \"About 
You can put this solution on YOUR website!
A = Pe^rt
\n" ); document.write( "1700 = 1000e^0.0442t
\n" ); document.write( "ln(1.7) = 0.0442t
\n" ); document.write( "ln(1.7)/0.0442 = t
\n" ); document.write( "About 12 days
\n" ); document.write( "
\n" );