document.write( "Question 926944: how long will it take for $1000 to be worth $2500 at 8% interest, compounded continuously? \n" ); document.write( "
Algebra.Com's Answer #562595 by Alan3354(69443)![]() ![]() You can put this solution on YOUR website! how long will it take for $1000 to be worth $2500 at 8% interest, compounded continuously? \n" ); document.write( "---------- \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "ln(2.5) = 0.08t \n" ); document.write( "t = ln(2.5)/0.08 --- t in years (I assume) \n" ); document.write( " |