Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a sum of money invested at 3% per 6-month period,

A sum of money invested at 3% per 6-month period, will triple in amount in...

50.1K

Verified Solution

Question

Accounting

A sum of money invested at 3% per 6-month period, will triple in amount in approximately how many years
n=20.6
n=18.6
n=16,6
n=14.6
None of the above answers
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

how are convertible bonds different from put bonds?  Which bond would make more sense, from an...

Chemistry
1.2K views

1.The atomic mass unit is presently based on assigning a mass of exactly 12 amu to: (a)...

Biology
1.2K views

Question 83 What type of animal is on the official seal of the United States...

Geometry
1.2K views

In Exercises 9 to 18 find the areas of the figures shown or described 9...

Statistics
1.2K views

1 The following data set lists the high temperatures in Charlotte each day in March...

Accounting
1.2K views

Accounting
1.2K views

Cortez Company sells chalrs that are used...

Accounting
1.2K views

The Williams Company Budgeting Example The Williams Company manufactures PVC piping in long pipes which...

Accounting
1.2K views

Create a test to assess appropriate assertions for designated high-risk business transactions.

Accounting
1.2K views

Revenues:Service Revenue28,000Total Revenue28,000Expenses:Salary Expense4,500Rent Expense1,200|Utility Expense300Depreciation Expense500Insurance Expense100Supply Expense4007,000Net Income21,000 Prepare for tax form 1120

Accounting
1.2K views

On December 1,2023, Dakane Corp. sold (factored) $200,000 of its accounts receivable with Kwan Finance...

Accounting
1.2K views

Zany Company purchased a department store building on January 1,201 for P20,000,000. The building has...