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How Long Does It Take an Investment of 300 to Triple if Compounded Continuously

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How long will it take for an investment to triple if it is compounded continuously at 12%? It will.. 1 answer below »

How long will it take for an investment to triple if it is compounded continuously at 12%? It will take about years to triple the investment. (Round to two decimal places as needed.)

1 Approved Answer

BASANT S

Interest rate =12% Future value = Present value x e^(rt)...

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