document.write( "Question 746200: In how many years will an account double itself at rate of 5% compounded annually \n" ); document.write( "

Algebra.Com's Answer #454185 by tommyt3rd(5050) $\"\"$ $\"About$

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$\"p=p%5B0%5D%2A%281%2B.05%29%5Et\"$ \r
\n" ); document.write( "\n" ); document.write( "where \r
\n" ); document.write( "\n" ); document.write( " $\"p%2Fp%5B0%5D=2\"$ \r
\n" ); document.write( "\n" ); document.write( " $\"2=1.05%5Et\"$ \r
\n" ); document.write( "\n" ); document.write( " $\"log%282%29=t%2Alog%281.05%29\"$ \r
\n" ); document.write( "\n" ); document.write( " $\"t=log%282%29%2Flog%281.05%29\"$ \r
\n" ); document.write( "\n" ); document.write( "so a little more than 14 years\r
\n" ); document.write( "\n" ); document.write( " \n" ); document.write( "

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