document.write( "Question 83894: Your money, compounded continously, doubled in 6 years. What was the interest rate? \n" ); document.write( "
Algebra.Com's Answer #60357 by Nate(3500) ![]() You can put this solution on YOUR website! a(1 + r)^t = \n" ); document.write( "a(1 + r)^6 = 2a \n" ); document.write( "(1 + r)^6 = 2 \n" ); document.write( "r = about 0.1225 or 12.25% \n" ); document.write( " |