document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1172939>Question 1172939</A>: <I><SPAN STYLE=\"word-break: break-all;\"> What interest rate is needed for $12000 to double after 10 years if compounded<BR>\n" );
document.write( "continuously? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #798086 by </B><A HREF=/tutors/aboutme.mpl?userid=VFBundy><B>VFBundy(438)</B></A><img src=\"/images/stars/stars-10.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=VFBundy><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/cgi-bin/show-face.mpl?user=VFBundy><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=798086\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=Total ALIGN=MIDDLE  ALT=\"Total\"   DISABLED_style= \"max-width:90%; height:auto;\" > = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=Pe%5Ert ALIGN=MIDDLE  ALT=\"Pe%5Ert\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=24000 ALIGN=MIDDLE  ALT=\"24000\"   DISABLED_style= \"max-width:90%; height:auto;\" > = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=12000e%5Er%2810%29 ALIGN=MIDDLE  ALT=\"12000e%5Er%2810%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=24000 ALIGN=MIDDLE  ALT=\"24000\"   DISABLED_style= \"max-width:90%; height:auto;\" > = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=12000e%5E%2810r%29 ALIGN=MIDDLE  ALT=\"12000e%5E%2810r%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2 ALIGN=MIDDLE  ALT=\"2\"   DISABLED_style= \"max-width:90%; height:auto;\" > = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=e%5E%2810r%29 ALIGN=MIDDLE  ALT=\"e%5E%2810r%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2 ALIGN=MIDDLE  ALT=\"2\"   DISABLED_style= \"max-width:90%; height:auto;\" > = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2.718%5E%2810r%29 ALIGN=MIDDLE  ALT=\"2.718%5E%2810r%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=log%282.718%2C2%29+=+10r ALIGN=MIDDLE  ALT=\"log%282.718%2C2%29+=+10r\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.6932+=+10r ALIGN=MIDDLE  ALT=\"0.6932+=+10r\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=r+=+0.0693 ALIGN=MIDDLE  ALT=\"r+=+0.0693\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
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document.write( "The interest rate needed to double the $12,000 after 10 years is 6.93%. </SPAN>\n" );
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