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This Question: 1 pt 2 of 20 complete) This Test: 20 pts possible 0 (Solving for n with non-annual periods) Approximately how many years would
This Question: 1 pt 2 of 20 complete) This Test: 20 pts possible 0 (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 12 percent compounded monthly? Assume that you invest $1 today. If you invest $1 at 12 percent compounded monthly, 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.) on Ched righ F Enter your answer in the answer box etv A URL + & ( 9 ) 0 delete 7 8
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