document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=70513>Question 70513</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Any help with this would be great. Thanks so much!\r<BR>\n" );
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document.write( "Maya has deposited $600 in an account that pays 5.64% interest, compounded continuously. How long will it take for her money to double? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #50327 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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=50327\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Maya has deposited $600 in an account that pays 5.64% interest, compounded continuously. How long will it take for her money to double?<BR>\n" );
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document.write( "A(t)=600e^(0.0564t)<BR>\n" );
document.write( "You want A(t) to equal 1200<BR>\n" );
document.write( "1200=600e^(0.0564t)<BR>\n" );
document.write( "divide both sides by 600 to get:<BR>\n" );
document.write( "2=e^(0.0564t)<BR>\n" );
document.write( "Take the natural log of both sides to get:<BR>\n" );
document.write( "ln2=0.0564t<BR>\n" );
document.write( "Divide both sides by 0.0564 to get:<BR>\n" );
document.write( "t=12.289..yrs.<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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