document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=859839>Question 859839</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Aleshia has invested an initial amount of $1200 at PNC Bank earning 3.14% compounded continuously.  When will the initial amount be doubled?\r<BR>\n" );
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document.write( "Thank you in advance for the help. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #518028 by </B><A HREF=/tutors/aboutme.mpl?userid=Alan3354><B>Alan3354(69443)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Alan3354><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/cgi-bin/show-face.mpl?user=Alan3354><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=518028\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Aleshia has invested an initial amount of $1200 at PNC Bank earning 3.14% compounded continuously.  When will the initial amount be doubled?<BR>\n" );
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document.write( "FV = PV*e^rt<BR>\n" );
document.write( "FV = 2*PV (the amount is not relevant)<BR>\n" );
document.write( "e^rt = 2<BR>\n" );
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document.write( "0.0314t = ln(2)<BR>\n" );
document.write( "t = ln(2)/0.0314<BR>\n" );
document.write( "t =~ 22.075 years\r<BR>\n" );
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