Register

What interest rate, compounded quarterly is necessary for $2000to triple in 10 years

What interest rate, compounded quarterly is necessary for $2000to triple in 10 years
asked 181k views
5 votes
What interest rate, compounded quarterly is necessary for $2000to triple in 10 years

asked
User Simonyoung
by
7.5k points

1 Answer

4 votes
The answer is around 4.375%.

answered
User Redbeard
by
9.3k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!