document.write( "Question 1023393: Suppose $5,000 is invested in an account at an annual interest rate of 2.2% compounded continuously. How long (to the nearest tenth of a year) will it take the investment to double in
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Algebra.Com's Answer #638885 by fractalier(6550)\"\" \"About 
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For continuously compounded interest, we have the equation
\n" ); document.write( "\"A%28t%29+=+A%5B0%5De%5E%28rt%29\"
\n" ); document.write( "so we plug in to find t...
\n" ); document.write( "\"10000+=+5000e%5E%28.022t%29\"
\n" ); document.write( "\"2+=+e%5E%28.022t%29\"
\n" ); document.write( "\"ln%282%29+=+.022t\"
\n" ); document.write( "\"t+=+ln%282%29%2F.022\" and
\n" ); document.write( "t = 31.5 years
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