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Determining the sum of money

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We sometimes need to find how long it will take a sum of money (or anything else) to grow to some specified amount. For example if a company's sales are growing at a rate of 20% per year, approximately how long will it take sales to triple?

Reference no: EM131405395

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Determining the sum of money : We sometimes need to find how long it will take a sum of money (or anything else) to grow to some specified amount. For example if a company's sales are growing at a rate of 20% per year, approximately how long will it take sales to triple?
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