document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=476726>Question 476726</A>: <I><SPAN STYLE=\"word-break: break-all;\"> How do I find out how many months it will take me to double my money at 5%APR?  What is the formula?  Thank you. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #326874 by </B><A HREF=/tutors/aboutme.mpl?userid=Alan3354><B>Alan3354(69443)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Alan3354><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/cgi-bin/show-face.mpl?user=Alan3354><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=326874\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> If it's compounded monthly, the monthly interest rate = 0.05/12<BR>\n" );
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document.write( "2 = (1 + 0.05/12)^n (n = # of months)<BR>\n" );
document.write( "log(2) = n*log(1 + 0.05/12)<BR>\n" );
document.write( "n = log(2)/log(1 + 0.05/12)<BR>\n" );
document.write( "n =~ 166.7 months<BR>\n" );
document.write( "= 167 months<BR>\n" );
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