Duncan M.

asked • 11/10/18

Compound interest

At an effective annual compound interest of i>0, it is found that an investment doubles in a years, triples in b years and 1 grows to 5 in c years.

  1. Is c greater than (3a+b)/2?
  2. To what amount does 10 grow in (3a + 2b) years?
  3. In how many years will 1000 grow to 1200?

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