document.write( "Question 619038: if 6000 dollars is placed into an account with an annual interest rate of 3%,how long will it take the amount to triple if the interest is compounded annually? \n" ); document.write( "
Algebra.Com's Answer #389435 by ewatrrr(24785)\"\" \"About 
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document.write( "Hi,
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document.write( "In General \"A+=+P%281%2Br%2Fn%29%5E%28nt%29\"
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document.write( "A = Accumulated Amount
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document.write( "P= principal = 6000
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document.write( "r= annual rate = .03
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document.write( "n= periods per year = 1
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document.write( "t= years = 
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document.write( "\"A%2FP+=+3+=+%281.03%29%5E%28t%29\"
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document.write( " log3/log(1.03) = t \n" );
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