document.write( "Question 113754: with the compound interest formula:\r
\n" ); document.write( "\n" ); document.write( "A=amount, P=principle, r=annual interest rate, n=# of times it is compounded per year, and t=# of years so that: A=P(1+ r/n)^nt, find the length of time it takes for the investment to increase M fold (M=2 double, M=3 triple), for time in terms of M,r,and n
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Algebra.Com's Answer #82780 by josmiceli(19441)\"\" \"About 
You can put this solution on YOUR website!
\"A=P%281%2B+r%2Fn%29%5Ent\"
\n" ); document.write( "\"MP=P%281%2B+r%2Fn%29%5Ent\"
\n" ); document.write( "solve for t
\n" ); document.write( "divide both sides by P
\n" ); document.write( "\"M+=+%281%2B+r%2Fn%29%5Ent\"
\n" ); document.write( "take log of both sides
\n" ); document.write( "\"log%28M%29+=+nt%2Alog%281+%2B+r%2Fn%29\"
\n" ); document.write( "\"t+=+log%28M%29+%2F+%28n%2Alog%281+%2B+r%2Fn%29%29\" answer
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