If an amount of money invested doubles itself in 8 years at an interest compounded continuously, how long will it take for the original amount to triple it self?

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- Sep 22nd 2009, 10:35 AMmikegar813compunded interest
If an amount of money invested doubles itself in 8 years at an interest compounded continuously, how long will it take for the original amount to triple it self?

- Sep 22nd 2009, 10:46 AMskeeter
- Sep 22nd 2009, 11:05 AMmikegar813
12.6797 years?

- Sep 22nd 2009, 11:08 AMmikegar813
ln3/(ln2/8)= 12.6797

- Sep 22nd 2009, 07:35 PMWilmer