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If You Presently Have $6,000 Invested at a Rate of 15

question 121

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If you presently have $6,000 invested at a rate of 15 percent,how many years will it take for your investment to triple? (Round up to obtain a whole number of years if necessary. )


Definitions:

Nematocysts

Specialized cells in cnidarians, such as jellyfish, that eject a stinging thread for capturing prey or defense.

Cnidarian

Radially symmetrical invertebrate with two tissue layers; uses tentacles with stinging cells to capture food.

Cnidocyte

Stinging cell unique to cnidarians.

Polyps

Abnormal growths of tissue projecting from a mucous membrane, commonly found in organs such as the nose or intestines.

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