document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1204921>Question 1204921</A>: <I><SPAN STYLE=\"word-break: break-all;\"> $3250 is invested at 5.0%  compounded continuously.  How long will it take for the balance to reach $6500? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #841463 by </B><A HREF=/tutors/aboutme.mpl?userid=Alan3354><B>Alan3354(69443)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Alan3354><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=Alan3354><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=841463\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> $3250 is invested at 5.0%  compounded continuously.  How long will it take for the balance to reach $6500?<BR>\n" );
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document.write( "6500 = 3250*e^(.05t)<BR>\n" );
document.write( "e^(.05t) = 2<BR>\n" );
document.write( ".05t = ln(2)<BR>\n" );
document.write( "t = ln(2)/.05 =~ 13.86 years --- (if it's 5% per year) </SPAN>\n" );
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