document.write( "Question 628985: Find the time required for a $7000 investment to double at interest rate r = 0.075, compounded continuously. (Round to 2 decimal places.)
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Algebra.Com's Answer #395985 by Alan3354(69443)\"\" \"About 
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Find the time required for a $7000 investment to double at interest rate r = 0.075, compounded continuously. (Round to 2 decimal places.)
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\n" ); document.write( "\"FV+=+PV%2Ae%5E%28rt%29\"
\n" ); document.write( "\"14000+=+7000%2Ae%5E%280.075t%29\"
\n" ); document.write( "\"e%5E%280.075t%29+=+2\"
\n" ); document.write( "0.075t = ln(2)
\n" ); document.write( "t = ln(2)/0.075
\n" ); document.write( "t =~ 9.24 periods
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