Question: (a) How long does it take for an investment to triple in value if it is invested at 6% compounded monthly? (b) How long does
(a) How long does it take for an investment to triple in value if it is invested at 6% compounded monthly?
(b) How long does it take if the interest is compounded continuously?
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a It will take about 1836 years t... View full answer
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