document.write( "Question 860642: you deposit 30,000 into a fund that pays 7.25% interest, compounded continuously. when will the fund be greater than 100,000 \n" ); document.write( "
Algebra.Com's Answer #518596 by Alan3354(69443)![]() ![]() You can put this solution on YOUR website! you deposit 30,000 into a fund that pays 7.25% interest, compounded continuously. when will the fund be greater than 100,000 \n" ); document.write( "----------- \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "0.0725t = ln(10/3) \n" ); document.write( "t = ln(10/3)/0.0725 \n" ); document.write( "t > 16.606522 years \n" ); document.write( " |