SOLUTION: How long will it take money to triple at an APR of 6.4​% compounded​ annually
Algebra.Com
Question 1098770: How long will it take money to triple at an APR of 6.4% compounded annually
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
It will take 17 years for the money to triple
---------------------------------------
check:
close enough -error due to rounding off
RELATED QUESTIONS
How long will it take money to triple if it is invested at the following rates?... (answered by math_helper)
Paul invests $3000 in a savings account earning interest at a rate of
4%... (answered by snoreaylil,ikleyn)
Approximately how long would it take an investment that is compounded annually to triple... (answered by Alan3354)
how long will it take you to triple an amount of $500 if you invest it at a rate of 6%... (answered by Boreal)
How long (in years and months) will it take for an investment to double... (answered by greenestamps)
how long will it take money to triple if it is invested at 5% compounded daily? 6%... (answered by solver91311,lwsshak3)
How long does it take for a deposit of $ 900 to double at 4% compounded... (answered by solve_for_x)
Tripling Money How long does it take for money to triple in an account paying 5% interest (answered by stanbon)
how long will it take for $4300 to grow to $28600 at an interest rate of 3% (answered by stanbon)