How long will it take for an investment to triple if it is compounded continuously?

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  • How long will it take for an investment to triple if it is compounded continuously?
  • How long will it take for an investment to triple if it is compounded continuously at 12?
  • How long will it take for an investment to triple if interest is compounded continuously at 8?
  • How long will it take my investment to triple calculator?

It will take how many years before the investment triples.

​(Round to the nearest tenth of a​ year.)

Answer & Explanation

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How long will it take for an investment to triple if it is compounded continuously?

Answer and Explanation: Hence, it will take approximately 36.62 years to triple the investment when compounded continuously.

How long will it take for an investment to triple if it is compounded continuously at 12?

Answer and Explanation: Hence, it will take 9.2 years for an investment to triple if it is compounded continuously at 12%.

How long will it take for an investment to triple if interest is compounded continuously at 8?

Answer and Explanation: The answer to the question is 14.3 years. There are two ways to get this answer. 1. Rule 115 where you divide 115 by the interest rate (115/8 = 14.3).

How long will it take my investment to triple calculator?

The rule of 115 is similar in that it estimates how long it takes an investment to triple in value. Rule of 115: If 115 is divided by an interest rate, the result is the approximate number of years needed to triple an investment.

How long will it take to triple an investment compounded continuously?

Answer and Explanation: Hence, it will take approximately 36.62 years to triple the investment when compounded continuously.

How long will it take for an investment to triple if it is compounded continuously at 12?

Answer and Explanation: Hence, it will take 9.2 years for an investment to triple if it is compounded continuously at 12%.

How long will it take for an investment to triple if the interest is compounded continuously at 3%?

How long will it take for an investment to triple, if interest is compounded continuously at 3%? It will take 13.73| years before the investment triples_ (Round t0 Ihe nearest tenth of a year )

How long will it take to triple your money if interest is compounded continuously at a rate of 5 %?

Answer and Explanation: The calculated value of the time required to triple the money is 22.517 years.