Wendy has $8,000.00 invested in a bank that pays 13.75% annually. How long will it take for her funds to triple? Round your answer to two decimal places. For example, if your answer is $...


Wendy has $8,000.00 invested in a bank that pays 13.75% annually. How long will it take for her funds to triple?


Round your answer to two decimal places. For example, if your answer is $345.667 round as 345.67 and if your answer is .05718 or 5.718% round as 5.72.



A. 8.53 years



B. 6.48 years



C. 8.36 years



D. 7.50 years



E. 10.66 years




Jun 02, 2022
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