Find the time required for an investment to triple in value if invested in an account paying 4% compounded monthly.

Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Exponential And Logarithmic Functions
Section11.2: Applications Of Exponential Functions
Problem 27PS
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4-Find the time required for an investment to triple in value if invested in an account paying 4% compounded monthly.

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