document.write( "Question 1128550: Alice invests $18,000 at age 30 from the signing bonus of her new job. She hopes the investments will be worth $36,000 when she turns 41. If the interest compounds continuously, approximately what rate (as a percent) of growth will she need to achieve her goal? \n" ); document.write( "
Algebra.Com's Answer #745036 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( " \n" ); document.write( "Take the ln of both sides \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "She needs a rate of 6.3%\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |