What rate of interest compounded annually is required to triple an investment in 10

Chapter 6, Problem 40

(choose chapter or problem)

What rate of interest compounded annually is required to triple an investment in 10 years? 41. (a) How long does it take for an investment to double in value if it is invested at 8% compounded monthly? (b) How long does it take if the interest is compounded continuously?

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