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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 were invested at 9

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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 were invested at 9 percent compounded quarterly? Assume that you invest $1 today. If you invest $1 at 9 percent compounded quarterly, about how many years would it take for your investment to grow threefold to $3 ? (Hint: Remember to convert your calculator solution to years.) years (Round to one decimal place.)

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