document.write( "Question 971371: How long would it take to double your principle (Just any number) at an annual interest rate of 8% compounded continuously. \n" ); document.write( "
Algebra.Com's Answer #854518 by ikleyn(53906)\"\" \"About 
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\n" ); document.write( "How long would it take to double your \"highlight%28cross%28principle%29%29\" principal (Just any number) at an annual interest rate
\n" ); document.write( "of 8% compounded continuously.
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\n" ); document.write( "\n" ); document.write( "In his post, @lwsshak3 gave the answer \"approximately 9 years\".\r
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\n" ); document.write( "\n" ); document.write( "His calculations are correct, but the formulation of the answer is not adequate to the problem.\r
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\n" ); document.write( "\n" ); document.write( "With the obtained value t = 8.66 years, the adequate answer is 8 years and 8 months.\r
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\n" ); document.write( "\n" ); document.write( "This my correction is important, since it shows if a person, who solves the problem,
\n" ); document.write( "does understand correctly what he/she is doing.\r
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\n" ); document.write( "\n" ); document.write( "How the word \"principal\" is written in the original post, tells me
\n" ); document.write( "that the problem's creator does not know proper terminology in the area he writes about.\r
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