How long will it take an investment to triple if it earns: a. 9.3% compounded annually? (Do
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Question:
How long will it take an investment to triple if it earns:
a. 9.3% compounded annually? (Do not round your intermediate calculations and round your answer to the nearest month.)
Will triple in years and months.
b. 8.3% compounded quarterly? (Do not round your intermediate calculations and round your answer to the nearest month.)
Will triple in years and months.
Related Book For
College Algebra
ISBN: 978-0134697024
12th edition
Authors: Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels
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