document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=514867>Question 514867</A>: <I><SPAN STYLE=\"word-break: break-all;\"> How long will it take $15,000 to grow to $17,000 if the investment earns interest at the rate of 5%/year compounded monthly? Round your answer to the nearest tenth.<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #441886 by </B><A HREF=/tutors/aboutme.mpl?userid=lovingmath00><B>lovingmath00(2)</B></A><img src=\"/images/stars/iconNewId_16x16.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=lovingmath00><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=441886\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> P= $15000<BR>\n" );
document.write( "F= $17000<BR>\n" );
document.write( "j= 5%                      i= 5%/12<BR>\n" );
document.write( "m =12\r<BR>\n" );
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document.write( "t= <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=%28log%28F%2FP%29%29%2F%28m%28log%281%2B%28j%2Fm%29%29%29%29 ALIGN=MIDDLE  ALT=\"%28log%28F%2FP%29%29%2F%28m%28log%281%2B%28j%2Fm%29%29%29%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "t= <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=%28log%2817000%2F15000%29%29%2F%2812%28log%281%2B%28.05%2F12%29%29%29%29 ALIGN=MIDDLE  ALT=\"%28log%2817000%2F15000%29%29%2F%2812%28log%281%2B%28.05%2F12%29%29%29%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "t= 2.508 years<BR>\n" );
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