Math, asked by manjeetkaurbaja96, 1 month ago

Calculate the numbers ofyears for money to triple at 3.6% compounded monthly

Answers

Answered by akshatanikam2002

Answer:

compounding using a 365-day year, it'll take an investment 9 years, 10 months and 2 days (3,615 days). Solve for n, the number of periods. We get 3,615 days, which divided by 365 is 9.90 years.

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