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What annual rate of return per year

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1. What annual rate of return per year allows you to triple your money in 15 years? Assume annual compounding.

A. 7.60% B. 5.89% C. 20.00% D. 11.61% E. 4.73%

2. What continuous rate of return per year allows you to triple your money in 15 years?

A. 7.32% B. 5.89% C. 4.62% D. 7.60% E. 6.88%

Reference no: EM133000565

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