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

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

what is the sum of 7/10 and 6/100

having troubles with inequalities.. 3.8x + 14.5 < 32

which trinomial is equivalent to (3x-1)(x+4)

which trinomial is equivalent to (3x-1)(x+4)

Explain what is the same about two fractions that are like fractions

having troubles with inequalities.. 3.8x + 14.5 < 32

having troubles with inequalities.. 3.8x + 14.5 < 32

what is the sum of 7/10 and 6/100

which trinomial is equivalent to (3x-1)(x+4)

Explain what is the same about two fractions that are like fractions