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?
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{{{1000000 = 1000*e^rt}}}
{{{1000 = e^(0.08t)}}}
0.08t = ln(1000)
t = ln(1000)/0.08
t =~ 86 years