Question: Approximately how long must one wait (nearest year) for an initial investment of $1,000 to triple in value if the investment earns 10% compounded annually?

Approximately how long must one wait (nearest year) for an initial

Approximately how long must one wait (nearest year) for an initial investment of $1,000 to triple in value if the investment earns 10% compounded annually? A. 9.69 years B. 11.53 years C. 14.27 years D. 20.14 years

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