An investment compounds annually at an interest rate of 34.1% What is the smallest investment period by which time the investment will more than triple in value?
Options:	A) 4	B) 5	C) 6	D) 7	E) 8
1 year: 100/3 = 33.33 approx $34: Total: 134   2nd year: 134/3 = 45: Total: 134+45= 
<gadget id="calculator">134+45</gadget>
<output>179</output>
179   3rd year: 179/3= 60: Total: 179+60= 
<gadget id="calculator">179+60</gadget>
<output>239</output>
239   4th year: 239/3= 80: Total: 239+80= 
<gadget id="calculator">239+80</gadget>
<output>319</output>
319 &gt; 3(100)   ;4 years;   4NSWER:4
<result>A</result>
An investment compounds annually at an interest rate of 34.1% What is the smallest investment period by which time the investment will more than triple in value?