Friday

July 25, 2014

July 25, 2014

Posted by **Leyla** on Thursday, November 15, 2012 at 8:55pm.

- math -
**Leyla**, Thursday, November 15, 2012 at 9:10pmFormula: A(t)=Pe^rt

A=3*300=900

r=3.5%=0.035

P=300

=> 900=300e^0.035t

=>3=e^0.035t

=>ln3=lne^0.035t

=>1.09=0.035t

=>t=1.09/0.035=31 yeears

- math -
**Reiny**, Thursday, November 15, 2012 at 9:39pmcorrect

**Related Questions**

business math - How long, to the nearest year, will it take an investment to ...

Math - How long it will take for an investment of 2000 dollars to double in ...

math - How long it will take for an investment of 1000 dollars to double in ...

math - How long will it take for an investment of $13,000 to double if the ...

Calculus - An investment grows ar a rate of 2.5% each year compounded ...

calculus - How long will it take an investment to triple in value if the ...

calculus - How long will it take an investment to triple in value if the ...

Math - How long, to the nearest year, will it take an investment to triple if it...

Pre-Cal - If the interest on a long-term Canadian(3/8%) investment is compounded...

math - Suppose that you have $12,500 to invest over a 4 year period. There are ...