document.write( "Question 1093370: Sarah invests $1000 in an account that earns 5.25% interest compounded annually. How long will it take the account to reach $2500? With that same time, what rate will take the account up to $5000? \n" ); document.write( "
Algebra.Com's Answer #707991 by addingup(3677)\"\" \"About 
You can put this solution on YOUR website!
i'll give you one (I'm human, need my sleep):
\n" ); document.write( "2500 = 1000(1+0.0525)^t
\n" ); document.write( "2500 = 1000(1.0525)^t
\n" ); document.write( "2.5 = 1.0525^t
\n" ); document.write( "log(2.5) = log(1.1525^t)
\n" ); document.write( "log2.5 = (t)(log1.0525)
\n" ); document.write( "log2.5/log1.0525 = t
\n" ); document.write( "0.40/0.022 = t
\n" ); document.write( "t = 18\r
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