document.write( "Question 1209369: A sum of money doubles itself in 10 years. The number of years it would triple itself is? \n" ); document.write( "
Algebra.Com's Answer #848692 by greenestamps(13200)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "Let a be the initial amount; let r be the growth factor each year. Then, since the amount doubles in 10 years, \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "We want to find the number of years n it takes the amount to triple: \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "The variable is in an exponent, so use logarithms. \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "ANSWER: approximately 15.85 years \n" ); document.write( "Of course, if we want an answer in whole numbers of years we need to round that up to 16 years. \n" ); document.write( " \n" ); document.write( " |