18 How long will it take money to quadruple if it is invested at the following rates?(A) 4% compounded quarterly(B) 14.4% compounded quarterly

We have to find time to quadruple.

Answered: How long will it take money to…

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter10: Exponential And Logarithmic Functions

Section10.2: Applications Of Exponential Functions

Problem 25PS

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How long will it take money to quadruple if it is invested at the following rates? (A) 4% compounded quarterly (B) 14.4% compounded quarterly