Question 926944
how long will it take for $1000 to be worth $2500 at 8% interest, compounded continuously?
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{{{FV = PV*e^(rt)}}}
{{{2500 = 1000*e^(0.08t)}}}
{{{2.5 = e^(0.08t)}}}
ln(2.5) = 0.08t
t = ln(2.5)/0.08 --- t in years (I assume)