document.write( "Question 105976: how many years will it take $2600 to triple itself if it is invested at 3.6% simple interest \n" ); document.write( "
Algebra.Com's Answer #77101 by edjones(8007)![]() ![]() You can put this solution on YOUR website! 2600*.036x=3*2600 \n" ); document.write( "93.6x=7800 \n" ); document.write( "x=7800/93.6=83 1/3 yrs or 83 yrs 4 months \n" ); document.write( "That is why you want compound interest. \n" ); document.write( "Ed \n" ); document.write( " |