5. Using an annual interest rate of 20%, how long will it take to triple your investments?
Hint: You can
make any numbers for PV and FV.
For example, if PV = 30, the FV = 90 (either PV or FV must be negative, depends on which one is cash OUTFLOW for you)
a. 6.026 YEARS
b. 6.026 days
c. 7.698 YEARS
d. 7.698 days