document.write( "Question 847843: At what interest rate will $3400 become $7200 if it's compounded continuously for 13 years? \n" ); document.write( "

Algebra.Com's Answer #510746 by Fombitz(32388) $\"\"$ $\"About$

You can put this solution on YOUR website!
$\"F=Pe%5E%28rt%29\"$
\n" ); document.write( " $\"7200=3400e%5E%2813r%29\"$
\n" ); document.write( " $\"18%2F17=e%5E%2813r%29\"$
\n" ); document.write( " $\"13r=ln%2836%2F17%29\"$
\n" ); document.write( " $\"r=%281%2F13%29ln%2836%2F17%29\"$
\n" ); document.write( "or approximately,
\n" ); document.write( " $\"r=0.05772\"$ \r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( " \n" ); document.write( "

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