document.write( "Question 136123: The question is:
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document.write( " How long will it take P dollars to double itself at 9% simple interest?\r
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document.write( "--I know the formula is i=prt, I'm just not sure how to solve this equation without the Principal amount. Thanks so much \n" );
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Algebra.Com's Answer #99751 by checkley77(12844)![]() ![]() ![]() You can put this solution on YOUR website! the formula is: i=p(1+r)^t \n" ); document.write( "2p=p(1+.09)^t \n" ); document.write( "2p/p=(1.09)t \n" ); document.write( "2=(1.09)^t \n" ); document.write( "2=(1.09)^8.04324 (8 years & 16 days). \n" ); document.write( "2=2.000001 \n" ); document.write( " \n" ); document.write( " |