Question 606693
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Hi,
$2000 dollars was invested into the account at 3% for 5 years. 
How long will it take for the amount to triple if t is compounded continuously?
Note:  In General: {{{A = P e ^rt}}}
A = Accumulated Amount 
P= principal 
r= annual rate = .03
t= years 
 {{{A/P =(1+r/m)^mt}}}
A/P = 3  (tripling the money)
{{{3 = e^(.03t)}}}
{{{ln(3)/.03  = t}}}
 t = 36.6 yrs