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)![]() ![]() 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( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "where \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "So\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \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( " |