document.write( "Question 1104531: The formula A= P e^rt describes the accumulation value A, of a sum of money P, the principal, after t years at annual percentage rate r (in decimal form) compounded continuously.
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document.write( "Amount invested= $8500
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document.write( "Annual interest rate= 13%
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document.write( "Accumulated amount= Double the amount invested
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document.write( "What is the Time (t) in years?
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document.write( "(Round to one decimal place) \n" );
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Algebra.Com's Answer #719234 by josmiceli(19441)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "----------------------- \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "Take the natural log of both sides \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "The time is 5.332 years \n" ); document.write( " \n" ); document.write( " |