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3 years ago

14

Pablo deposited $57 into a savings account for which interest is compounded quarterly. according to the rule of 72, what interes

t rate will cause his money to double in approximately 44 years?

2 answers:

oee [108]3 years ago

5 0

Answer:

1.6% is the answer for apex

Step-by-step explanation:

qaws [65]3 years ago

3 0

Hi there

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

Hope it helps

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