document.write( "Question 926932: how long will it take for 500 to double if it is invested at 6% anniual interest compouded continuously \n" ); document.write( "
Algebra.Com's Answer #562618 by ewatrrr(24785)![]() ![]() You can put this solution on YOUR website! A = P e ^(rt), \n" ); document.write( "A/P = e ^(rt) \n" ); document.write( "....... \n" ); document.write( " 2 = e ^(.06t) \n" ); document.write( "ln(2)/.06 = t = 11.5525 yrs \n" ); document.write( " |