SOLUTION: at 9% compounded continuously, how long it will take for 50,000 pesos to become 300,000 pesos?

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Question 1146206: at 9% compounded continuously, how long it will take for 50,000 pesos to become 300,000 pesos?
Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!




Where is the future value, is the initial principal, is the base of the natural logarithms, is the interest rate divided by 100, and is the number of years the money is invested. So:



Solve for


John

My calculator said it, I believe it, that settles it