document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=930217>Question 930217</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Please help me solve this: An investment of $5000 is compounded continuously for 20 years. What interest rate would yield $16,600? \r<BR>\n" );
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document.write( "so far I've got 16,600=<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=5000e%5E20 ALIGN=MIDDLE  ALT=\"5000e%5E20\"   DISABLED_style= \"max-width:90%; height:auto;\" > </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #564768 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=564768\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Please help me solve this: An investment of $5000 is compounded continuously for 20 years. What interest rate would yield $16,600?<BR>\n" );
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document.write( "A(t) = Pe^(rt)<BR>\n" );
document.write( "16,600 = 5000e^(20r)<BR>\n" );
document.write( "e^(20r) = 3.32<BR>\n" );
document.write( "Take the natural log of both sides to get:<BR>\n" );
document.write( "20r = ln(3.32)<BR>\n" );
document.write( "r = 1.20/20<BR>\n" );
document.write( "r = 0.06 = 6%<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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document.write( " </SPAN>\n" );
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