document.write( "Question 1088115: Please help me solve this word problem:A sum of money at compound inerest amounts to thrice itself in 3 years. In how many years will it be 9 times itself? \n" ); document.write( "
Algebra.Com's Answer #702367 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! Start with P \n" ); document.write( "in 3 years, one has 3P \n" ); document.write( "in 3 more years, one has 9P \n" ); document.write( "6 years \n" ); document.write( "check \n" ); document.write( "P=Poe^(rt) \n" ); document.write( "P/Po=9 \n" ); document.write( "9=e^(rt) \n" ); document.write( "ln 9=rt \n" ); document.write( "ln9/6=t=0.3662 \n" ); document.write( "---------------See if 36.62% interest triples money in 3 years \n" ); document.write( "P=Po*e^(.03662*3) \n" ); document.write( "P/Po=e^(1.0986)=3 \n" ); document.write( " |