Mathematics, 27.11.2019 21:31, LindaCat78

What annual rate of interest is required to triple an investment in 7 years if it were compounded quarterly?

a) 10.409%

b) 16.993%

c) 16.01%

d) 8.497%

Answers: 1

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What annual rate of interest is required to triple an investment in 7 years if it were compounded qu...