document.write( "Question 1140177: How long does it take for $1425 to double if it is invested at 7.5% compounded continuously? Round your answer to two decimal places, if necessary.\r
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Algebra.Com's Answer #760673 by math_helper(2461)\"\" \"About 
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\n" ); document.write( "\"+F+=+Pe%5E%28rt%29+\"
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\n" ); document.write( "r = annual interest rate (as a decimal value)
\n" ); document.write( "t = number of years
\n" ); document.write( "P = present value
\n" ); document.write( "F = future value
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\n" ); document.write( "The problem can be solved without using $1450, as it is the same doubling time
\n" ); document.write( "for any starting principal (the P's cancel):

\n" ); document.write( "\"+2P+=+Pe%5E%280.075t%29+\"

\n" ); document.write( "\"++ln%282%29+=+0.075t+\"

\n" ); document.write( "\"++t+=+ln%282%29%2F0.075+\" or about 9.24 years (approx 9 years 3 months)
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