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Vitek1552 [10]
3 years ago
12

An investment earning interest at the rate of 10%, compounded continuously, will double in t years. Find t. Use the formula , wh

ere is the amount after t years, is the initial amount, r is the rate of interest, and t is the time. t = years.

Mathematics
1 answer:
Andre45 [30]3 years ago
8 0

Answer:

I have attached the formula solved for years (or time).

We'll say principal = 100 and total = 200

Years = ln (200 / 100) / .1

Years = ln (2) / .1

Years = 0.69314718056 / .1

Years = 6.9314718056


Step-by-step explanation:


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