Amithanair98 Amithanair98
  • 24-04-2020
  • Mathematics
contestada

Using the rule of 72, t = StartFraction 72 Over r EndFraction, how long will it take for the principal to double with an annual compound interest rate of 6%?
6 years
9 years
12 years
15 years

Respuesta :

chabella214
chabella214 chabella214
  • 28-04-2020

Answer: 12 years I suppose.

Answer Link
Collier7
Collier7 Collier7
  • 28-04-2020

Answer:

C. 12 years

Step-by-step explanation:

Answer Link

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