Explain how long will it take your money to triple

Reference no: EM13200201

A) how long will it take your money to triple if you originally invested $10,000 at 5.6% compounded annually?

B) how long would it take to triple your money if you originally invested $10,000 at 5.6% compounded annually?

C) Which is the better investment? why?

Reference no: EM13200201

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