document.write( "Question 1006195: Solve the given problem releated to continuous compounding interest.\r
\n" ); document.write( "\n" ); document.write( "How long will it take $1,400 to triple if it is invested at an annual interest rate of 5.3% compounded continuously? Round to the nearest year.
\n" ); document.write( "

Algebra.Com's Answer #622343 by Boreal(15235)\"\" \"About 
You can put this solution on YOUR website!
P=Poexp^(rt)
\n" ); document.write( "P/Po=3
\n" ); document.write( "3=exp^rt
\n" ); document.write( "ln3=rt
\n" ); document.write( "ln3/0.053=t
\n" ); document.write( "t=21 years
\n" ); document.write( "
\n" );