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Makovka662 [10]
3 years ago
9

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

Mathematics
1 answer:
nekit [7.7K]3 years ago
5 0
3=(1.10)^t
Log(3)=t*log(1.10)
t=log(3)÷log(1.10)
t=11.5 years
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