Question 589887
How long, to the nearest year, will it take me to become a millionaire if I invest $1000 at 10% interest compounded continously?
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{{{FV = PV* e^rt}}}
{{{1000000 = 1000*e^(0.1t)}}}
{{{e^(0.1t) = 1000}}}
0.1t = ln(1000) = 6.907755
t =~ 69 years