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ladessa [460]
3 years ago
10

Jala put $600 in an interest bearing account with a annual compound interest rate of 5%. Jala determined that after seven years,

she will have a total balance of $844.26. Using the rule of 72, t = StartFraction 72 Over r EndFraction how many more years will it be before Jala’s $600 doubles in value? Round to the nearest tenth.
Mathematics
2 answers:
natulia [17]3 years ago
6 0

Answer:

7.4

Step-by-step explanation:

Inessa [10]3 years ago
4 0

Answer:

7.4 years would be the correct answer

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