document.write( "Question 125865: Maya has deposited $600 in an account that pays 5.64% interest, compounded continuously. How long will it take for her money to double? \n" ); document.write( "
Algebra.Com's Answer #92251 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
For any amount of money invested the following applies.
\n" ); document.write( "2 = e^(rt)
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\n" ); document.write( "Your Problem:
\n" ); document.write( "2 = e^(0.0564t)
\n" ); document.write( "Take the natural log of both sides to get:
\n" ); document.write( "ln2 = 0.0564t
\n" ); document.write( "t = 12.2898 years
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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