Question: Question Help (Solving for n with non-annual periods) Approximately how many years would it take for an investment to grow threefold if it were invested

Question Help (Solving for n with non-annual periods) Approximately how many years would it take for an investment to grow threefold if it were invested at 11 percent compounded monthly? Assume that you invest $1 today If you invest $1 at 11 percent compounded monthly, about how many years would it take for your investment to grow threefold to $3? (Hint Homember to convert your calculator solution to years.) years (Round to one decimal place.)

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