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Which of the following would represent the calculation to determine how long it would take an investment of $10,000 to triple if was invested at an annual rate of 3.2% compounded annually?

Which of the following would represent the calculation to determine how long it would take an investment of $10,000 to triple if was invested at an annual rate of 3.2% compounded annually?

Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Which of the following would represent the calculation to determine how long it would take an investment of $10,000 to triple if was invested at an annual rate of 3.2% compounded annually? 03=1(0.032)¹ 03= 1(1.032)¹ 03= 1(1.32) 03=1(1+-032)²r
Transcribed Image Text:Which of the following would represent the calculation to determine how long it would take an investment of $10,000 to triple if was invested at an annual rate of 3.2% compounded annually? 03=1(0.032)¹ 03= 1(1.032)¹ 03= 1(1.32) 03=1(1+-032)²r
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