SOLUTION: How long would it take to triple your money at 6.3% compounded continuously?
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Question 972813
:
How long would it take to triple your money at 6.3% compounded continuously?
Answer by
Alan3354(69443)
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How long would it take to triple your money at 6.3% compounded continuously?
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ln(3) = 0.063t
t = ln(3)/0.063
t =~ 17.44 years