document.write( "Question 928787: Find the doubling time of an investment earning 7% interest if interest is compounded continuously is ____years.\r
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document.write( "Round to the nearest tenth of a year. \n" );
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Algebra.Com's Answer #563886 by ewatrrr(24785) You can put this solution on YOUR website! A = P e ^(rt) \n" ); document.write( "2 = e^(.07t) \n" ); document.write( "ln(2)/.07 = t = 9.9yr \n" ); document.write( " |