SOLUTION: A principal P, invested at 7.75% and compounded continuously, increases to an amount that is K times the original principal after T years, where T is given by t=ln(K)/0.0775.

Algebra ->  Logarithm Solvers, Trainers and Word Problems -> SOLUTION: A principal P, invested at 7.75% and compounded continuously, increases to an amount that is K times the original principal after T years, where T is given by t=ln(K)/0.0775.       Log On


   

Question 1179102: A principal P, invested at 7.75% and compounded continuously, increases to an amount that is K times the original principal after T years, where T is given by
t=ln(K)/0.0775.

Answer by MathLover1(20850) About Me  (Show Source):
You can put this solution on YOUR website!
what is your question? is it to sketch a graph of the function?

+graph%28+600%2C+600%2C+-10%2C+50%2C+-30%2C+50%2C+ln%28x%29%2F0.0775%29+