SOLUTION: The amount in an account after t years from an initial principle P invested at an annual rate r compounded continuously is given by A=Pe^(rt) where r is expressed as a decimal. So
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Exponents-negative-and-fractional
-> SOLUTION: The amount in an account after t years from an initial principle P invested at an annual rate r compounded continuously is given by A=Pe^(rt) where r is expressed as a decimal. So
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Question 46763: The amount in an account after t years from an initial principle P invested at an annual rate r compounded continuously is given by A=Pe^(rt) where r is expressed as a decimal. Solve this formula for t in terms of A,P and r.
i get that t=r ln(A/P)