document.write( "Question 77567: estimate the doubling time of this function:
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document.write( "p= 2.1(1.0475)^ t where t is in years \n" );
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Algebra.Com's Answer #55659 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! p= 2.1(1.0475)^ t where t is in years \n" ); document.write( "If I read you correctly, 2.1 is the amount invested. \n" ); document.write( "Double that would be 4.2. \n" ); document.write( "EQUATION: \n" ); document.write( "4.2 = 2.1(1.0475)^t \n" ); document.write( "2=1.0475^t \n" ); document.write( "Take the ln of both sides to get: \n" ); document.write( "ln2 = t(ln1.0475) \n" ); document.write( "t=ln2 / ln1.0475 \n" ); document.write( "t = 3.7635 \n" ); document.write( "---------- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |