How Long Will It Take an Investment of $4,000 to Triple

question 61

Multiple Choice

How long will it take an investment of $4,000 to triple if the investment earns interest at the rate of 6% /year compounded daily?

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Definitions:

Babble

Incomprehensible or meaningless chatter or sounds.

Receptive Language

Language that one can understand.

Productive Language

The aspect of language capability that involves producing words, phrases, and sentences to express thoughts and communicate.

Holophrasing

The use of a single word by a child to express a complex idea or sentence, a common stage in language development.