document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=600259>Question 600259</A>: <I><SPAN STYLE=\"word-break: break-all;\"> How long does it take $100 to double it invested at 6% interest compounded continously? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #379265 by </B><A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><B>jim_thompson5910(35256)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><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=379265\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> \r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=Pe%5E%28rt%29 ALIGN=MIDDLE  ALT=\"A=Pe%5E%28rt%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Start with the continuous compounding formula.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=200=100%2Ae%5E%280.06%2At%29 ALIGN=MIDDLE  ALT=\"200=100%2Ae%5E%280.06%2At%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Plug in <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=200 ALIGN=MIDDLE  ALT=\"A=200\"   DISABLED_style= \"max-width:90%; height:auto;\" >, <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P=100 ALIGN=MIDDLE  ALT=\"P=100\"   DISABLED_style= \"max-width:90%; height:auto;\" >, and <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=r=0.06 ALIGN=MIDDLE  ALT=\"r=0.06\"   DISABLED_style= \"max-width:90%; height:auto;\" > (the decimal equivalent of 6%).\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=200%2F100=e%5E%280.06%2At%29 ALIGN=MIDDLE  ALT=\"200%2F100=e%5E%280.06%2At%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Divide both sides by <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=100 ALIGN=MIDDLE  ALT=\"100\"   DISABLED_style= \"max-width:90%; height:auto;\" >.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2=e%5E%280.06%2At%29 ALIGN=MIDDLE  ALT=\"2=e%5E%280.06%2At%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Evaluate <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=200%2F100 ALIGN=MIDDLE  ALT=\"200%2F100\"   DISABLED_style= \"max-width:90%; height:auto;\" > to get <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2 ALIGN=MIDDLE  ALT=\"2\"   DISABLED_style= \"max-width:90%; height:auto;\" >.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=ln%282%29=ln%28e%5E%280.06%2At%29%29 ALIGN=MIDDLE  ALT=\"ln%282%29=ln%28e%5E%280.06%2At%29%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Take the natural log of both sides.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=ln%282%29=0.06%2At%2Aln%28e%29 ALIGN=MIDDLE  ALT=\"ln%282%29=0.06%2At%2Aln%28e%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Pull down the exponent using the identity <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=ln%28x%5Ey%29=y%2Aln%28x%29%29 ALIGN=MIDDLE  ALT=\"ln%28x%5Ey%29=y%2Aln%28x%29%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=ln%282%29=0.06%2At%2A1 ALIGN=MIDDLE  ALT=\"ln%282%29=0.06%2At%2A1\"   DISABLED_style= \"max-width:90%; height:auto;\" > Evaluate the natural log of 'e' to get 1.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=ln%282%29=0.06%2At ALIGN=MIDDLE  ALT=\"ln%282%29=0.06%2At\"   DISABLED_style= \"max-width:90%; height:auto;\" > Multiply and simplify.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.693147180559945=0.06%2At ALIGN=MIDDLE  ALT=\"0.693147180559945=0.06%2At\"   DISABLED_style= \"max-width:90%; height:auto;\" > Evaluate the natural log of <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2 ALIGN=MIDDLE  ALT=\"2\"   DISABLED_style= \"max-width:90%; height:auto;\" > to get <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.693147180559945 ALIGN=MIDDLE  ALT=\"0.693147180559945\"   DISABLED_style= \"max-width:90%; height:auto;\" > (this value is approximate).\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.693147180559945%2F0.06=t ALIGN=MIDDLE  ALT=\"0.693147180559945%2F0.06=t\"   DISABLED_style= \"max-width:90%; height:auto;\" > Divide both sides by <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.06 ALIGN=MIDDLE  ALT=\"0.06\"   DISABLED_style= \"max-width:90%; height:auto;\" > to isolate 't'.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=11.5524530093324=t ALIGN=MIDDLE  ALT=\"11.5524530093324=t\"   DISABLED_style= \"max-width:90%; height:auto;\" > Evaluate <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.693147180559945%2F0.06 ALIGN=MIDDLE  ALT=\"0.693147180559945%2F0.06\"   DISABLED_style= \"max-width:90%; height:auto;\" > to get <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=11.5524530093324 ALIGN=MIDDLE  ALT=\"11.5524530093324\"   DISABLED_style= \"max-width:90%; height:auto;\" >.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=t=11.5524530093324 ALIGN=MIDDLE  ALT=\"t=11.5524530093324\"   DISABLED_style= \"max-width:90%; height:auto;\" > Flip the equation.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=t=12 ALIGN=MIDDLE  ALT=\"t=12\"   DISABLED_style= \"max-width:90%; height:auto;\" > Round to the nearest whole year.\r<BR>\n" );
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document.write( "So it will take 12 years. </SPAN>\n" );
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