document.write( "Question 1154466: Gabriella is going to invest $45,000 and leave it in an account for 9 years. Assuming the interest is compounded continuously, and earns 5.5%. How long would be required in order for Gabriella to end up with $74,000? \n" ); document.write( "
Algebra.Com's Answer #776905 by ikleyn(52905)\"\" \"About 
You can put this solution on YOUR website!
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document.write( "74000 = \"45000%2Ae%5E%280.055%2At%29\"\r\n" );
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document.write( "\"74000%2F45000\" = \"e%5E%280.055%2At%29\"\r\n" );
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document.write( "1.64444 = \"e%5E%280.055%2At%29\"\r\n" );
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document.write( "Take the natural logarithm from both sides\r\n" );
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document.write( "ln(1.64444) = 0.055t\r\n" );
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document.write( "t = \"ln%281.64444%29%2F0.055\" =  = 9.043 years.      ANSWER\r\n" );
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\n" ); document.write( "\n" ); document.write( "To see other similar solved problems, look into the lesson\r
\n" ); document.write( "\n" ); document.write( "    - Problems on continuously compound accounts \r
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\n" ); document.write( "\n" ); document.write( "Also,  you have this free of charge online textbook in ALGEBRA-I in this site\r
\n" ); document.write( "\n" ); document.write( "    - ALGEBRA-I - YOUR ONLINE TEXTBOOK.\r
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\n" ); document.write( "\n" ); document.write( "The referred lesson is the part of this online textbook under the topic \"Logarithms\".\r
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\n" ); document.write( "\n" ); document.write( "Save the link to this online textbook together with its description\r
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\n" ); document.write( "\n" ); document.write( "Free of charge online textbook in ALGEBRA-I
\n" ); document.write( "https://www.algebra.com/algebra/homework/quadratic/lessons/ALGEBRA-I-YOUR-ONLINE-TEXTBOOK.lesson\r
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\n" ); document.write( "\n" ); document.write( "to your archive and use it when it is needed.\r
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