SOLUTION: How long will it take for an investment to triple if it is compounded continuously at 4%?
Algebra.Com
Question 1178393: How long will it take for an investment to triple if it is compounded continuously at 4%?
Answer by greenestamps(13200) (Show Source): You can put this solution on YOUR website!
We want to find the time for the ratio P(t)/P(0) to be 3 if the interest rate is 4% = .04:
Use a calculator....
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