What Rate of Interest Will Make an Investment Triple in 8

question 56

Short Answer

What rate of interest will make an investment triple in 8 years if the interest is compounded continuously? Enter your answer as a percent to one decimal place $\text { (no } \% \text { symbol or words) }$

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Definitions:

Machiavellianism

A personality trait characterized by manipulation, deceit, and a lack of morality in order to achieve one’s goals, often referenced in the context of leadership and organizational behavior.

Organizational Politics

Refers to informal, unofficial, and sometimes behind-the-scenes efforts to sell ideas, influence an organization, increase power, or achieve other targeted objectives.

Organizational Power

Relates to the capacity of individuals or groups within an organization to influence decisions, control resources, and direct the behavior of others.

Change Management

The process, tools, and techniques used to manage the people side of change to achieve a required business outcome.