document.write( "Question 716511: Consider a $100 investment earning 12% compounded quarterly. How long will it take to triple your money? Round your answer to the nearest tenth of a year. \n" ); document.write( "
Algebra.Com's Answer #441885 by lovingmath00(2)\"\" \"About 
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Find the Time,\r
\n" ); document.write( "\n" ); document.write( "Since its says that it will tripe your money so. 100(3)=$300\r
\n" ); document.write( "\n" ); document.write( "to find how long it will take to tripe it. This is the formula\r
\n" ); document.write( "\n" ); document.write( "\"t=%28log%28300%2F100%29%29%2F%284%28log%281%2B%28.12%2F4%29%29%29%29\"\r
\n" ); document.write( "\n" ); document.write( "t=9.2918 years\r
\n" ); document.write( "\n" ); document.write( "To find the exact date,\r
\n" ); document.write( "\n" ); document.write( "t=.2918(12)
\n" ); document.write( " =3.5016\r
\n" ); document.write( "\n" ); document.write( "Answer:
\n" ); document.write( "t= 9 years and 4 months.\r
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