WHY DOES MY PROBLEM KEEP GETTING ERASED

[icup]

How quickly will money double if it is invested
at an annual rate of 2% compounded 3 times per year?

formula I'm using: B(t)=P(1+r/k)^kt

Also, since I am doubling the investment the final formula I will use looks like this:

(1+.02/3)^3t=2

I am having trouble figuring out the most important step..... Solving for t. What do i need to do with ^3t

thank you

 

[stapel]

Only your duplicate post was deleted. As was explained to you in the private message sent earlier, your question was moved to one of the more-appropriate algebra categories, as it was unrelated to calculus.

In order to review the reply which was provided some time ago, you need only click on the link that was provided to you within the message.

I apologize for the confusion.

Eliz.