SOLUTION: If 10000 pesos is invested at 10% compounded quarterly , when will the amount of investment be doubled? tripled?

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Question 820298: If 10000 pesos is invested at 10% compounded quarterly , when will the amount of investment be doubled? tripled?
Answer by ewatrrr(24785)   (Show Source): You can put this solution on YOUR website!
 
Hi, In General
If 10000 pesos is invested at 10% compounded quarterly ,
A = Accumulated Amount
P= principal = 10000
r= annual rate = .10
n= periods per year = 4
t= years =

when will the amount of investment be
doubled? , t =
tripled? t =
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