document.write( "Question 1178184: Find the time it takes for $5,400 to double when invested at an annual interest rate of 6%, compounded continuously. \n" ); document.write( "
Algebra.Com's Answer #807382 by mananth(16946)\"\" \"About 
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\n" ); document.write( "Use the formula t = ln(A/P) / r
\n" ); document.write( "Principal = 5400
\n" ); document.write( "Amount =10800
\n" ); document.write( "rate =0.06\r
\n" ); document.write( "\n" ); document.write( "t = ln(10,800.00/5,400.00) / 0.06
\n" ); document.write( "t = 11.552 years\r
\n" ); document.write( "\n" ); document.write( "11 years 7 months\r
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