document.write( "Question 1030370: suppose you inherit $30,000. You find an investment account that pays 6.3% interest compounded continuously. How long will you need to keep it in the account until you have $50,000?\r
\n" ); document.write( "\n" ); document.write( "
\n" ); document.write( "

Algebra.Com's Answer #645220 by solver91311(24713)\"\" \"About 
You can put this solution on YOUR website!
\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "For continuous compounding,\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "where is the base of the natural logarithms.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "So\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "Plug in your numbers and do the arithmetic.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "John
\n" ); document.write( "
\n" ); document.write( "My calculator said it, I believe it, that settles it\r
\n" ); document.write( "\n" ); document.write( "
\n" ); document.write( "
\n" );