document.write( "Question 1028865: If you invest a sum of money in an account earning 16% annual interest compounded continuously. How long will it take for your money to double? Round to the nearest tenth \n" ); document.write( "
Algebra.Com's Answer #643910 by robertb(5830)\"\" \"About 
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The formula for the amount of a principal after t years given continuous compounding is\r
\n" ); document.write( "\n" ); document.write( "\"A+=+Pe%5E%28rt%29\"\r
\n" ); document.write( "\n" ); document.write( "==> \"2P++=Pe%5E%280.16t%29\"\r
\n" ); document.write( "\n" ); document.write( "==> \"2+=+e%5E%280.16t%29\"\r
\n" ); document.write( "\n" ); document.write( "==> \"t+=+ln2%2F0.16++=4.3\" years.
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