destinysublett4 destinysublett4
  • 01-05-2018
  • Mathematics
contestada

Ben put $75 into a CD that pays 1.5% interest compounded monthly. According to the rule of 72, approximately how long will it take for his money to double?

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hscollier12 hscollier12
  • 01-05-2018
72/1.5 would equal 48 years.
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