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5. Using an annual interest rate of 20%, how long will it take to triple your investments? Hint: You can make any numbers for PV

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5. Using an annual interest rate of 20%, how long will it take to triple your investments? Hint: You can make any numbers for PV and FV. For example, if PV = 30, the FV = 90 (either PV or FV must be negative, depends on which one is cash OUTFLOW for you) a. 6.026 YEARS b. 6.026 days c. 7.698 YEARS d. 7.698 days

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