June 20th, 2009, 05:43 AM  #1 
Newbie Joined: Jun 2009 Posts: 2 Thanks: 0  Investment ?
Hi i have a quick question. how would i set up this problem. "I am considering the following investment opportunity." A) a mutual fund that triples in value every 15 years. How would i set up this problem? I would appreciate the help, Thanks! 
June 20th, 2009, 12:44 PM  #2 
Global Moderator Joined: Oct 2008 From: London, Ontario, Canada  The Forest City Posts: 7,930 Thanks: 1124 Math Focus: Elementary mathematics and beyond  Re: Investment ?
Amount = (Principal) * 3^(t/15) where t is time in years.


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