Asked by Faye

How long does it take for an investment to triple in value if it is invested at 9% compounded semiannually?

10 years ago

Answered by Steve

(1+.09/2)^(2t) = 3
Now just solve for t (years)

10 years ago

Answered by Anonymous

110.13 years

9 years ago

Answered by jeoram flores

12.5 years

9 years ago

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