document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1039735>Question 1039735</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Select an amount of money that you would like to invest (for example $1000.00). This will be your P0 value.<BR>\n" );
document.write( "Let your interest rate be k = 0.5%.<BR>\n" );
document.write( "Write out the exponential function using the P0 and k values you have.<BR>\n" );
document.write( "Determine the value of your investment after 1, 5, and 10 years.<BR>\n" );
document.write( "Now, find the doubling time T for your investment. In other words, at what time would your initial deposit double in value?<BR>\n" );
document.write( "Repeat steps 3 through 5 for k = 1%.<BR>\n" );
document.write( "Repeat steps 3 through 5 for k = 1.5%.\r<BR>\n" );
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document.write( "Using the formula <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P%28t%29=Poe%5Ekt ALIGN=MIDDLE  ALT=\"P%28t%29=Poe%5Ekt\"   DISABLED_style= \"max-width:90%; height:auto;\" >  The \"o\" in the formula is lower than \"P\" and the \"e\" </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #654492 by </B><A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><B>josgarithmetic(39620)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=654492\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P%28t%29=1000%2Ae%5E%280.05t%29 ALIGN=MIDDLE  ALT=\"P%28t%29=1000%2Ae%5E%280.05t%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "Doubling-Time,  <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2=1%2Ae%5E%280.05t%29 ALIGN=MIDDLE  ALT=\"2=1%2Ae%5E%280.05t%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >; find natural logs of both sides and solve for t. </SPAN>\n" );
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