Solved

How Long Will It Take $200 to Triple Itself If

Question 36

Multiple Choice

How long will it take $200 to triple itself if it is invested at 8% interest compounded continuously? Please round the answer to the nearest tenth.

A) 12.7 years
B) 14.2 years
C) 16.7 years
D) 14.7 years
E) 13.7 years

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