If you pute $2000 into an interest bearing account, where interest is compound quarterly (4 times a year) at 6%, how long will it take for your money to triple

So it will take roughly 18.4471905815477 years.

(round appropriately if needed)

Step-by-step explanation:

A=P (1+r/n) ^ (nt)

6000=2000 (1+0.06/4) ^ (4*t)

6000/2000 = (1+0.06/4) ^ (4*t)

3 = (1+0.06/4) ^ (4*t)

3 = (1.015) ^ (4*t)

log (3) = log ((1.015) ^ (4*t))

log (3) = 4*t*log (1.015)

log (3) / (4*log (1.015)) = t

t = log (3) / (4*log (1.015))

t = 18.4471905815477