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WITCHER [35]
3 years ago
7

Mack opened a cd 10 years ago at an interest rate of 7.8%, compounded monthly. According to the rule of 72, when did he have hal

f the amount of money that he has now?
A. about 9.2 years ago
B. about 4.6 years ago
C. about 3.9 years ago
D. about 7.8 years ago
Business
2 answers:
Yakvenalex [24]3 years ago
8 0
72 rule says
72/rate=Time
72/7.8= 9.23 years
Ivan3 years ago
8 0

Answer:

A. about 9.2 years ago

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Answer:

The answer to this question is B. Niche marketing

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mamaluj [8]

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<h3>Why is the demand inelastic?</h3><h3 />

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Find out more on inelastic demand at brainly.com/question/1899986.

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2 years ago
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yarga [219]

Answer:

Arbitrage opportunity may exists as the ZCBs selling at different price at same time due to change in their YTM .

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3 0
3 years ago
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sdas [7]

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6 0
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kramer

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Explanation:

3 0
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