document.write( "Question 1153871: How long will it take a sum of money to increase threefold if it's invested at 13% compounded quarterly. Round to 2 decimal places. \n" ); document.write( "
Algebra.Com's Answer #776189 by ikleyn(52782)\"\" \"About 
You can put this solution on YOUR website!
.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "Hey,\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "you posted several similar problems, and in each and every formulation you make THE SAME MISTAKE.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "In this problem, the time is measured in terms of quarters.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "Therefore, the time should be found/evaluated first as a real number from the solution of exponential equation,\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "but AFTER THAT, it MUST BE rounded to the nearest largest number of quarters.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "Without it, the question MAKES no SENSE. The request to round the time to two decimal places makes no sense !\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "It is clear to me as 2x2 = 4 that these problems come not from a textbook --- it is YOU who creates them.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "If you create problems on your own, then at least do it correctly (!)\r
\n" ); document.write( "
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( " \n" ); document.write( "
\n" );