According to the rule of 72, in about how many years will $80 be worth $40 if
1 answer:
Answer:
24 Years
Step-by-step explanation:
Rule of 72 is an approximation that you can use to estimate the time it will take for something to double in value at a compound rate of interest
use the following equation
72/(i*100)
we have
72/(.03*100)
72/3=24
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