document.write( "Question 866856: How long (in years) would $700 have to be invested at 12.1%, compounded continuously, to earn $300 interest? (Round your answer to two decimal places.) \n" ); document.write( "
Algebra.Com's Answer #522544 by Alan3354(69443)\"\" \"About 
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How long (in years) would $700 have to be invested at 12.1%, compounded continuously, to earn $300 interest?
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\n" ); document.write( "\"FV+=+PV%2Ae%5E%28r%2At%29\"
\n" ); document.write( "\"1000+=+700%2Ae%5E%280.121t%29\"
\n" ); document.write( "\"e%5E%280.121t%29+=+1000%2F700\"
\n" ); document.write( "0.121t = ln(10/7)
\n" ); document.write( "t = ln(10/7)/0.121
\n" ); document.write( "t =~ 2.95 years\r
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