# How long will it take you to triple your money if you invest it at a rate 6% compounded annually?

To triple your money at a 6% annual interest rate compounded annually, it will take approximately 22.9 years.

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It will approximately take 18 years 10 months.

The compound interest formula is:

Where:

Source of Formula

Now we should use logarithmic functions.

So the answer is approximately 18 years 10 months.

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When evaluating a one-sided limit, you need to be careful when a quantity is approaching zero since its sign is different depending on which way it is approaching zero from. Let us look at some examples.

When evaluating a one-sided limit, you need to be careful when a quantity is approaching zero since its sign is different depending on which way it is approaching zero from. Let us look at some examples.

When evaluating a one-sided limit, you need to be careful when a quantity is approaching zero since its sign is different depending on which way it is approaching zero from. Let us look at some examples.

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