d0elekaCopkrissari d0elekaCopkrissari

03-06-2017
Mathematics

contestada

Pablo deposited $57 into a savings account for which interest is compounded quarterly. according to the rule of 72, what interest rate will cause his money to double in approximately 44 years?

Respuesta :

Aliwohaish12 Aliwohaish12

04-06-2017

Hi there

The rule of 72 is
72/time=rate
72÷44=1.6%

Hope it helps

Answer Link

sobokokifle sobokokifle

28-03-2019

Answer:

1.6% is the answer for apex

Step-by-step explanation:

Answer Link

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