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## At what interest rate compounded continuously must money be invested to triple in 8 years?

Question: At what interest rate compounded continuously must money be invested to triple in 8 years? **A rate of %** is required for money to triple in 8 years needed.

## At what nominal rate compounded continuously must money be invested to in 2 years?

Question: At what nominal rate compounded continuously must money be invested to double in 2 years? A **rate of 1%** is required for money to double in 2 years.

## At what nominal rate compounded continuously must money be invested to double in 4 years?

Question: At what nominal rate compounded continuously must money be invested to double in 4 years? A rate of»**%** is required for money to double in 4 years. (Do not round until the final answer.

## What is nominal rate compounded?

The nominal interest rate, also known as an Annualised Percentage Rate or APR, is **the periodic interest rate multiplied by the number of periods per year**. For example, a nominal annual interest rate of 12% based on monthly compounding means a 1% interest rate per month (compounded).