SOLUTION: How long, to the nearest year, will it take me to become a millionaire if I invest $1000 at 8% interest compounded continuously?

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Question 719968: How long, to the nearest year, will it take me to become a millionaire if I invest $1000 at 8% interest compounded continuously?
Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
How long, to the nearest year, will it take me to become a millionaire if I invest $1000 at 8% interest compounded continuously?
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1000000+=+1000%2Ae%5Ert
1000+=+e%5E%280.08t%29
0.08t = ln(1000)
t = ln(1000)/0.08
t =~ 86 years