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 #841464 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16946)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mananth><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=mananth><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=841464\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A=P*e ^rt\r<BR>\n" );
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document.write( "A  is the future value  = 6500\r<BR>\n" );
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document.write( "P is the principal =3250\r<BR>\n" );
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document.write( "r  the  interest rate =5%\r<BR>\n" );
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document.write( " time   t years = ?\r<BR>\n" );
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document.write( "We need to find t \r<BR>\n" );
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document.write( "6500= 3250 *e^(0.05*t)\r<BR>\n" );
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document.write( "6500/3250  = e^(0.05t)\r<BR>\n" );
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document.write( "2=e^(0.05t)\r<BR>\n" );
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document.write( "ln 2= 0.05 t\r<BR>\n" );
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document.write( "t= ln 2/0.05\r<BR>\n" );
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document.write( "you work out and round it off as required\r<BR>\n" );
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document.write( " </SPAN>\n" );
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