The principal amount
.
The rate of interest
.
The amount is doubled in
years.
The amount
.
Compounded continuously.
\Formula for continuous compounding :
.


Take ln on each side.
\
Apply power rule of logarithms :
.

Substitute the value of
.

Substitute
in the above equation.

The amount double in
.
The principal amount
.
The rate of interest
.
The period of time
.
Formula for continuous compounding :
.
The total amount is
\
The total amount after
is
.
The amount double in
.
The total amount after
is
.