document.write( "Question 606693: $2000 dollars was invested into the account at 3% for 5 years. How long will it take for the amount to triple if t is compounded continuously? \n" ); document.write( "

Algebra.Com's Answer #382174 by ewatrrr(24785) $\"\"$ $\"About$

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document.write( "Hi,
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document.write( "$2000 dollars was invested into the account at 3% for 5 years. 
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document.write( "How long will it take for the amount to triple if t is compounded continuously?
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document.write( "Note:  In General: 
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document.write( "A = Accumulated Amount 
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document.write( "P= principal 
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document.write( "r= annual rate = .03
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document.write( "t= years 
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document.write( "A/P = 3  (tripling the money)
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document.write( " t = 36.6 yrs \n" );
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