How long will it take an investment to triple if it is continuously compounded at 15% per year ?
Select the correct answer rounded to the nearest year.
A)15 years
B) 13 years
C) 8 years
D) 4 years
E) 7 years

Question

How long will it take an investment to triple if it is continuously compounded at 15% per year  ?
Select the correct answer rounded to the nearest year.
A)15 years
B) 13 years
C) 8 years
D) 4 years
E) 7 years

Quizplus · Accepted Answer

The Answer of How long will it take an investment to triple if it is continuously compounded at 15% per year  ?
Select the correct answer rounded to the nearest year.
A)15 years
B) 13 years
C) 8 years
D) 4 years
E) 7 years

How Long Will It Take an Investment to Triple If