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an investor wants to triple her money in five years time. what should be the interest...

an investor wants to triple her money in five years time. what should be the interest rate for her to do so, if the investment draws interest compounded semiannually

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Answer #1

Suppose,

Amount invested (P) = $1

Years(t) = 5

Future value (F) = $3

Compounding period in year (c) = 2

Interest rate = i

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