document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1039898>Question 1039898</A>: <I><SPAN STYLE=\"word-break: break-all;\"> 1. What annual interest rate, to the nearest tenth, will produce $5760 if $3500 is left at interest compounded annually for 10yr?\r<BR>\n" );
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document.write( "2. Suppose the inflation rate is 4%. Use the formula for continuous compounding to find the number of years, to the nearest tenth, for $1 item to cost $2.  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #654645 by </B><A HREF=/tutors/aboutme.mpl?userid=josmiceli><B>josmiceli(19441)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=josmiceli><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=josmiceli><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=654645\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Let <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+r+ ALIGN=MIDDLE  ALT=\"+r+\"   DISABLED_style= \"max-width:90%; height:auto;\" > = interest rate<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+5760+=+3500%2A%28+1+%2B+r+%29%5E10+ ALIGN=MIDDLE  ALT=\"+5760+=+3500%2A%28+1+%2B+r+%29%5E10+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+1.6457+=+%28+1+%2B+r+%29%5E10+ ALIGN=MIDDLE  ALT=\"+1.6457+=+%28+1+%2B+r+%29%5E10+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "Take the 10th root of both sides<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+1.05108+=+1+%2B+r+ ALIGN=MIDDLE  ALT=\"+1.05108+=+1+%2B+r+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+r+=+.05108+ ALIGN=MIDDLE  ALT=\"+r+=+.05108+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "The rate is 5.1 %<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+2+=+1%2A%28+1+%2B+.04+%29%5Et+ ALIGN=MIDDLE  ALT=\"+2+=+1%2A%28+1+%2B+.04+%29%5Et+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+2+=+1.04%5Et+ ALIGN=MIDDLE  ALT=\"+2+=+1.04%5Et+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "Take the log of both sides<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+.301+=+t%2A.01703+ ALIGN=MIDDLE  ALT=\"+.301+=+t%2A.01703+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+t+=+17.671+ ALIGN=MIDDLE  ALT=\"+t+=+17.671+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "In 17.7 yrs, the item will cost $2 </SPAN>\n" );
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