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Mathematics 15 Online
OpenStudy (adamaero):

MEDAL With an annual interest rate of 4% per year, when will an investment triple?

OpenStudy (anonymous):

options?

OpenStudy (adamaero):

nope

OpenStudy (anonymous):

12 years maybe

OpenStudy (adamaero):

How?

OpenStudy (adamaero):

I was thinking more like 30?

OpenStudy (anonymous):

i was just saying 12 because 4x3=12 lol i dont know what the answer is

OpenStudy (anonymous):

\[ (1+0.04)^{28}=2.9987 \] 28 will not do it. Hence 29

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