Am investment pays simple interest, and triples in 9 years. What is the interest rate? _____ percent

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter13: Sequences And Series
Section13.4: Mathematics Of Finance
Problem 26E
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Am investment pays simple interest, and triples in 9 years. What is the interest rate? _____ percent.
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