SOLUTION: How long would it take to triple your money if you invest it at 3% simple interest?

Algebra.Com
Question 834625: How long would it take to triple your money if you invest it at 3% simple interest?
Answer by Fombitz(32388)   (Show Source): You can put this solution on YOUR website!




Between 37 and 38 years

RELATED QUESTIONS

How long will it take to triple your money at a nominal interest rate j1 = 12% if simple (answered by Theo)
How long will it take to triple your money at a nominal interest rate j1 = 12% if simple (answered by Alan3354)
How long will it take to triple your money at a nominal interest rate j1 = 12% if simple (answered by Alan3354)
6. If you invest your money in an account that pays 1.5% interest compounded... (answered by robertb)
How long would it take to triple your money at 6.3% compounded continuously? (answered by Alan3354)
How long will it take to triple your money if, you invested it at a 8% compounded... (answered by stanbon)
how long will it take your php 16,000 to be double if invest at 8% simple... (answered by ikleyn)
how long will it take to quadruple your money if you invest it at an interest rate of 5%... (answered by lwsshak3)
how long will it take to $200 to triple itself if it is invested at 2% simple... (answered by stanbon)