Monday

December 22, 2014

December 22, 2014

Posted by **Charley** on Wednesday, November 24, 2010 at 1:57am.

- math -
**Reiny**, Wednesday, November 24, 2010 at 8:29am3P = P(1 + r/2)^(2t)

3 = (1+r/2)^(2t)

2t = ln3/ln(1+r/2) , then divide both sides by 2

t is in years, r is the annual rate expressed as a decimal.

**Answer this Question**

**Related Questions**

math(compunded interest ) - 6.how long will it take for a sum of money to ...

math - how long will it take to earn $787.50 on $5000 at 5 1/4%(percent) what is...

exponential function - An investment pays 8% interest, compounded annually. a) ...

Mathematics - In the problems 1 to 3, find the present value of the given (...

Math - I invested $45,6000 at 18% to be compounded semi-annually. What will be ...

math - Twenty years ago Gabe invested $2,000. For the first ten years he earned ...

math - How long (in years) will it take your money to triple at an annual ...

Math - A boat costs $92,000 and depreciates in value by 15% per year. How much ...

math(compund interest ) - 10.On 16 April 1990, $5000 was invested at 6% ...

Math - What's the accummulated full amount for a principal of $15,000 for 3 ...