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)\"\" \"About 
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( "\"FV+=+PV%2Ae%5E%28rt%29\"
\n" ); document.write( "\"2500+=+1000%2Ae%5E%280.08t%29\"
\n" ); document.write( "\"2.5+=+e%5E%280.08t%29\"
\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( "
\n" );