How long must one wait to the nearest year) for an initial vestment of $1000...
90.2K
Verified Solution
Link Copied!
Question
Accounting
How long must one wait to the nearest year) for an initial vestment of $1000 to triple in value if the investment ans 8% compounded annually? 9 years 14 years o 22 years 25 years 30 years
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: Zin AI - Your personal assistant for all your inquiries!