Question 350131
I will say that {{{t}}} is the number of years for
{{{P}}} dollars to triple at an annual rate of 14%
{{{3P = P*(1 + .14t)}}}
{{{3 = 1 + .14t}}}
{{{ .14t = 3 - 1}}}
{{{t = 2/.14}}}
{{{t = 14.286}}}
This is about 14 yrs and 3 1/2 months