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suppose you are deposite A dollars in an acount paying an interest rate of r , compounded continuously .Write equation giving the time t needed for your money to double,or doubling time.
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A*e^(rt) = 2A e^(rt) = 2 rt = ln(2) t = ln(2)/r
ty amistree
yep :)
can u have me another post??
sure
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did u see anothe problem I post another page?
havent seen it yet
here : State a rule that could be use to approximate the amout of time t needed to triple the amount of money in a savings account paying r percent interest compounded continuously
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