The answer would be 1/6 :), also can I get brainliest!
Hey!
Question - According to the rule of 72, which statement is true? An investment of $3,100 will double in 12 years at a compound interest rate of 5%. An investment of $9,000 will double in 10 years at a compound interest rate of 7%. An investment of $4,500 will double in 8 years at a compound interest rate of 9%. An investment of $3,000 will double in 4 years at a compound interest rate of 12%
Answer - An investment of $3,000 will double in 4 years at a compound interest rate of 12%
0.012 / 3000 = 0.00004 = 4
The answer would probably 3 because there is 1 x and y plus a 10
