Question
If you want to triple your money at an interest rate of 6% per year compounded annually, for how many years would you have to
If you want to triple your money at an interest rate of 6% per year compounded annually, for how many years would you have to leave the money in the account?
|
| 12 years |
|
| 19 years |
|
| cannot be determined without knowing the amount invested |
|
| 32 years |
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Inside Private Equity
Authors: James M. Kocis, James C. Bachman IV, Austin M. Long III, Craig J. Nickels
1st Edition
0470421894, 978-0470421895
