SOLUTION: How many years will it take for an investment to triple if it is compounded continuously at 11%?
Algebra.Com
Question 908673: How many years will it take for an investment to triple if it is compounded continuously at 11%?
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
A = P e ^(rt)
3 = e^(.11t)
ln(3)/.11 = t
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