If you presently have $6,200 invested that will continually earn an annual rate of 4.2%, how long

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If you presently have $6,200 invested that will continually earn an annual rate of 4.2%, how long will it take for your investment to triple in value?

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Mar 19, 2024 01:37 PM

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If you presently have $6,200 invested that will continually earn an annual rate of 4.2%, how long

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To solve this problem we can use the formula for compound interest A ... View the full answer

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