Answered step by step
Verified Expert Solution
Question
1 Approved Answer
according to the rule of 72, if we start with $200 and we invest this sum at 12% it will grow to $____ after 12
according to the rule of 72, if we start with $200 and we invest this sum at 12% it will grow to $____ after 12 years
a) 200 b) 400 c)800 d)1600
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started