samiaevans000 samiaevans000
  • 21-07-2021
  • Mathematics
contestada

What rate of interest compounded annually is required to triple an investment in years? WORTH 50 points!!

Respuesta :

ineedmathhelp23
ineedmathhelp23 ineedmathhelp23
  • 21-07-2021

At a rate of interest of 3.86% compounded annually investment will be tripled.

that is how i was taut, sorry if is wrong

Answer Link

Otras preguntas

Ms. Zimmer invested $5000 on a CD for 8 months. She earned $120 interest. What is the rate of the CD?A.3%C.0.3%B.3.6%D.36%
Y’all are smarter than me.... Help!!! 20 POINTSSS
who killed his son ivan3 or ivan 4th
Which of the following equations is not equivalent to the others? y = -4 + 3 x y = -3 x + (-4) y = -3 x - 4 y = -4 - 3 x
Which of the following is an example of the concept of majority rule with minority rights
PLZZZ HELLLP FAAAAST ASAP BRAINLIEST!!!!!
Sarah has a collection of 15 books. Seven or the books are fiction and 8 are nonfiction. What is the ratio of fiction books to total books?
Jaycee Jeans sold 40 pairs of jeans at a price of $40. When it lowered its price to $20, the quantity sold increased to 60 pairs. Calculate the absolute value o
Select the correct answer from each drop-down menu. The possible values of x in the equation x^2-3/4 x=-1/4 are blank ± blank .
First Community Credit Union and General Hydraulics. Inc., have their disputeresolved in arbitration. Before determining the award, the arbitrator meets withFir