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Setler [38]
3 years ago
5

If $5000 was invested at a rate of 5%, how many years would it take to triple if it is compounded daily

Mathematics
2 answers:
slamgirl [31]3 years ago
7 0
Answer...
23 years

Have a nice day :)
maw [93]3 years ago
3 0

Answer:

If your money earns a 5 percent interest rate, it will triple in 23 years (115 divided by 5 equals 23).

Step-by-step explanation:

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