document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1029116>Question 1029116</A>: <I><SPAN STYLE=\"word-break: break-all;\"> How long will it take $1100 to double itself if it is invested at 6% interest compounded semiannually? (Express the answer to the nearest tenth.)\r<BR>\n" );
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document.write( "Please help me solve </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #644158 by </B><A HREF=/tutors/aboutme.mpl?userid=robertb><B>robertb(5830)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=robertb><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/cgi-bin/show-face.mpl?user=robertb><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=644158\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Using the formula <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+P%281%2Br%2Fn%29%5E%28nt%29 ALIGN=MIDDLE  ALT=\"A+=+P%281%2Br%2Fn%29%5E%28nt%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > with A = 2P, r = 0.06, n = 2, we get\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2+=+%281%2B0.06%2F2%29%5E%282t%29 ALIGN=MIDDLE  ALT=\"2+=+%281%2B0.06%2F2%29%5E%282t%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<==> <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2+=+1.03%5E%282t%29 ALIGN=MIDDLE  ALT=\"2+=+1.03%5E%282t%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > ==> <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=t+=+ln2%2F%282ln1.03%29 ALIGN=MIDDLE  ALT=\"t+=+ln2%2F%282ln1.03%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "==> t = 11.7 years. </SPAN>\n" );
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