document.write( "Question 820175: how long does it take for a deposit of $900 to double at 10% compounded continuously \n" ); document.write( "
Algebra.Com's Answer #493418 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! how long does it take for a deposit of $900 to double at 10% compounded continuously \n" ); document.write( "----------- \n" ); document.write( "A(t) = P*e^(rt) \n" ); document.write( "---- \n" ); document.write( "1800 = 900*e^(0.10t) \n" ); document.write( "---- \n" ); document.write( "e^(0.1t) = 2 \n" ); document.write( "--- \n" ); document.write( "0.1t = ln2 \n" ); document.write( "---- \n" ); document.write( "t = 6.93 years \n" ); document.write( "==================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "==================== \n" ); document.write( " |