Zeldah097 Zeldah097
  • 03-04-2017
  • Mathematics
contestada

Calculate how long it would take an investment to triple if the interest rate is 10% compounded annually

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 03-04-2017
3=(1.10)^t
Log(3)=t*log(1.10)
t=log(3)÷log(1.10)
t=11.5 years
Answer Link

Otras preguntas

How did the U.S. Constitution solve a problem created by the Articles of Confederation? a It gave the president control of the legislature. b It gave the presid
Cotton, used to make clothes, shoes, blankets, etc., comes from a plant. True False
36 IS WHAT PERCENT OF 45
what is the role of hormone in male and female reproductive system?
a solution that is a 4 on pH scale is a
The best reason why direct democracy would not work well in the United States is that it would be impossible to get each and every citizen to vote. the national
At a restaurant you ordera meal and a beverage that cost $14. You leave a 20% tip and the sales tax is 6%. What is the total cost of the meal?
what times what equals 64
What took place at the Hartford Convention? The Federalists demanded constitutional amendments. New England seceded from the United States. The Federalists rega
Which of the following is TRUE of Congress's power of oversight? Congressional oversight activities generally take place at the committee and subcommittee level