document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=605445>Question 605445</A>: <I><SPAN STYLE=\"word-break: break-all;\"> How long would it take to double your principal at an annual interest rate of 7% compounded continuously. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #381707 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=381707\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> How long would it take to double your principal at an annual interest rate of 7% compounded continuously.<BR>\n" );
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document.write( "FV = PV*e^(rt)<BR>\n" );
document.write( "2 = e^(0.07t) t in years<BR>\n" );
document.write( "0.07t = ln(2)<BR>\n" );
document.write( "t = ln(2)/0.07<BR>\n" );
document.write( "t =~ 9.9 years </SPAN>\n" );
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