document.write( "Question 793873: Suppose your salary is increasing at a rate of 3.5% per year. Then your salary will double in approximately years? \n" ); document.write( "
Algebra.Com's Answer #480475 by josmiceli(19441)\"\" \"About 
You can put this solution on YOUR website!
At the end of 1 yr
\n" ); document.write( "Let \"+s+\" = the starting salary
\n" ); document.write( "Let \"+S%5Bn%5D+\" = the current salary at the
\n" ); document.write( "end of year number \"+n+\"
\n" ); document.write( "\"+S%5B1%5D+=+s+%2B+.035s+\"
\n" ); document.write( "\"+S%5B1%5D+=+s%2A%28++1+%2B+.035+%29%5E1+\"
\n" ); document.write( "-------------------------
\n" ); document.write( "\"+S%5B2%5D+=+%28+s+%2B+.035s+%29%2A1+%2B+%28+s+%2B+.035s+%29%2A.035+\"
\n" ); document.write( "\"+S%5B2%5D+=+%28+s+%2B+.035s+%29%2A%28+1+%2B+.035+%29+\"
\n" ); document.write( "\"+S%5B2%5D+=+s%2A%28+1+%2B+.035+%29%5E2+\"
\n" ); document.write( "------------------------
\n" ); document.write( "So, the rule is:
\n" ); document.write( "\"+S%5Bn%5D+=+s%2A%28+1+%2B+.035+%29%5En+\"
\n" ); document.write( "------------------------
\n" ); document.write( "The problem is to find \"+n+\" when \"+S+=+2s+\"
\n" ); document.write( "\"+2s+=+s%2A%28+1+%2B+.035+%29%5En+\"
\n" ); document.write( "\"+2+=+%28+1+%2B+.035+%29%5En+\"
\n" ); document.write( "\"+2+=+1.035%5En+\"
\n" ); document.write( "Take the log of both sides
\n" ); document.write( "\"+log%28%282%29%29+=+n%2Alog%28%28+1.035+%29%29+\"
\n" ); document.write( "\"+n+=+log%28%282%29%29+%2F+log%28%281.035%29%29+\"
\n" ); document.write( "I can't find my calculator. Work this out and
\n" ); document.write( "round \"+n+\" off to the closest integer\r
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