Quick Answer: How long will it take for an investment to triple if it is compounded continuously at 12 %?

How long will it take for an investment to triple if it is compounded continuously at 7%?

hence to the nearest year, it will it take 18 years for an investment to triple, if it is continuously compounded at 6% per year.

How long will it take an investment to triple if compounded continuously at 8?

Question: How long will it take for an investment to triple, if interest is compounded continuously at 8%? It will take years before the investment triples. (Round to the nearest tenth of a year.)

How long will it take for an investment to double in value if it earns 5% compounded continuously?

Yes, you just use 100 instead of 72. For example, at 5% annual interest, it would take 20 years to double your money (100 / 5 = 20).

How many years will it take an investment to triple in value if the annual interest rate is 8% compounded continuously?

Answer: Approximately 13 years. Example: How long will it take our money to triple in a bank account with an annual interest rate of 8.45% compounded continuously? Answer: Approximately 13 years.

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What is the rate of return of an investment that triples in value in 11 years?

The Rules of 114 and 144

Rule of 114 can be used to determine how long it will take an investment to triple, and the Rule of 144 will tell you how long it will take an investment to quadruple. For example, at 10% an investment will triple in about 11 years (114 / 10) and quadruple in about 14.5 years (144 /10).

How do you calculate doubling time of an investment compounded continuously?

When interest is compounded a given number of times per year use the formula A(t)=P(1+rn)nt. When interest is to be compounded continuously use the formula A(t)=Pert. Doubling time is the period of time it takes a given amount to double.

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

Question: At what interest rate compounded continuously must money be invested to double in 4 years? A rate of 1% is required for money to double in 4 years.