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Kryger [21]
3 years ago
15

A = Pe^rt

Mathematics
1 answer:
andriy [413]3 years ago
6 0
That is the formula for solving for continuously compound interest.
You want to solve for time "t".
<span>A = Pe^rt
Dividing both sides by "P"
(A / P) = e^r*t
Taking NATURAL LOGS of both sides:
(the natural log of "e" is 1)
ln (A / P) = ln (e^r*t)
</span><span>ln (A / P) = r*t*1
</span><span>ln (A / P) = rate * time
Time = </span><span>ln (A / P) ÷ rate

</span>
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