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15 15 How long will it take David to triple his investment if he can earn an annual rate of return of 6% (compounded monthly)?
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15 How long will it take David to triple his investment if he can earn an annual rate of return of 6% (compounded monthly)? It takes David years to triple his investment. (Note: please retain at least 4 decimals in your calculations and at least 2 decimal in the final answer.) Step by Step Solution
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