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Subject:  Re: Formula to Calculate Growth Date:  3/13/2002  12:35 AM
Author:  ranger54 Number:  33985 of 78168

Your answer (A) is closer to what I want but not quite. Let me give 2 examples: 1st) (easier problem) Suppose that I start an IRA with an initial investment of $1000 and I want to know how much money I will have in 10 years or 20 years given an expected rate of return. I know the formula to use if I know how long it takes for my money to double:
Final value=initial value * 2^(time elapsed/doubling time)--- I think that this is an equivalent formula to y