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( Solving for n with non - annual periods ) Approximately how many years would it take for an investment to grow threefold if it
Solving for with nonannual periods Approximately how many years would it take for an investment to grow threefold if it were invested at percent compounded quarterly? Assume that you invest $ today.
If you invest $ at percent compounded quarterly, about how many years would it take for your investment to grow threefold to $Hint: Remember to convert your calculator solution to years.
years Round to one decimal place.
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