document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1130476>Question 1130476</A>: <I><SPAN STYLE=\"word-break: break-all;\"> I need a little help breaking down this type of problem, thank you in advance\r<BR>\n" );
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document.write( "Suppose that &#8203;$60,000 is invested at 6&#8203;%&#8203; interest, compounded annually. After time&#8203; t, in&#8203; years, it grows to the amount A given by the function &#8203;A(t)=&#8203;$60,000&#8203;(1.06&#8203;)<BR>\n" );
document.write( "Superscript t.\r<BR>\n" );
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document.write( "&#8203;a) Find the amount of time after which there will be &#8203;$600,000 in the account.<BR>\n" );
document.write( "&#8203;b) Find the doubling time.\r<BR>\n" );
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document.write( "A)After what amount of time will there be &#8203;$600,000 in the&#8203; account?____years<BR>\n" );
document.write( "&#8203;(Round to the nearest tenth of a&#8203; year.)\r<BR>\n" );
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document.write( "B)Doubling time__________ </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #747149 by </B><A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><B>josgarithmetic(39615)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=747149\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> The doubling time is 12 years.<BR>\n" );
document.write( "Compounding period is ONE YEAR; no partial earnings for fractions of a year.\r<BR>\n" );
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document.write( "11 years --------113898 dollars<BR>\n" );
document.write( "12 years --------120732 dollars </SPAN>\n" );
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