How long will it take $10,000 to compound continuously to $30,000 at 7% interest?
2 Answers By Expert Tutors
Mathematics Teacher - NCLB Highly Qualified
30000 = 10000e0.07t
3 = e0.07t
ln 3 = 0.07t
1.098612289 = 0.07t
15.69446127 = t
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