document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=869616>Question 869616</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Find how many years it takes $1800 to double at 3.2% interest compounded weekly.\r<BR>\n" );
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document.write( "Show all steps.<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #524305 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=524305\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Find how many years it takes $1800 to double at 3.2% interest compounded weekly. <BR>\n" );
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document.write( "Solve:<BR>\n" );
document.write( "3600 = 1800(1+(0.032/52))^(52t)<BR>\n" );
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document.write( "(1+0.000615)^52t = 2<BR>\n" );
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document.write( "52t = log(2)/log(111.000615)<BR>\n" );
document.write( "52t = 1127.42<BR>\n" );
document.write( "t = 21.68 years<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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