Posted by **laurin** on Friday, November 2, 2012 at 10:26pm.

How long (in years) will it take your money to triple at an annual percentage rate of 5% compounded annually? Use logarithms to solve. Round and show 2 decimal places.

## Answer this Question

## Related Questions

- algebra - You deposit $3000 in an account earning 7% interest compounded ...
- Math - Suppose you invest your money into an account that pays 4.0% per year ...
- MATH, PLEASE HELP! - Suppose you invest your money into an account that pays 4.0...
- math - how long will it take to earn $787.50 on $5000 at 5 1/4%(percent) what is...
- math(compunded interest ) - 6.how long will it take for a sum of money to ...
- Correted Bob can you re-check? - So i pretty much had them right the first time ...
- business maths - For an investment to double in value during a 12-year period, a...
- math - How long in years does it take for a principal to triple in value if ...
- math - Money is deposited in an account for which the interest is compounded ...
- algebra - If $6,000 is placed in an account with an annual interest rate of 3%, ...

More Related Questions