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Becky wants to invest 35,803 dollars today in a financial instrument yields 6% per year, compounds interest annually, and provides a single repayment upon maturity.
Becky wants to invest 35,803 dollars today in a financial instrument yields
6%
per year, compounds interest annually, and provides a single repayment upon maturity. If Becky's objective is to triple her money, in how many years must the financial instrument mature? (note: round your answer to two decimal places - e.g. 10.51 years - and do not include spaces, wording, or commas)
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