Question: Exercise 1 0 . 1 # 1 7 ( algo ) For an investment to triple in value during a 2 2 - year period,

Exercise 10.1 #17(algo) For an investment to triple in value during a 22-year period, a. What annually compounded rate of return must it earn? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Annually compounded rate of return % b. What quarterly compounded rate of return must it earn? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Quarterly compounded rate of return % c. What monthly compounded rate of return must it earn? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Monthly compounded rate of return %

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