hello I am in a economics class and professor haven't gotten back to me so I was wondering if anyone could help me out with this chart, even just doing one would help me understand it please and thank you

The Rule of 72: How Interest Compounds The Rule of 72 is an easy way to figure out how long it will take for your money to double. Just take the number 72 and divide it by the Interest rate your money is earning That's how many years it will take for your money to double. For example, if you had $5,000 in a CD earning 3% interest, you'd divide 72 by 3. The answer is 24 This means you leave your $5,000 where it is and do not make any withdraws, in 24 years your $5,000 wll become $10,000 Look at the chart below and see what happens to $10,000 with compounding interest YEARS 3% 6X 12% 0 $10,000 $10,000 $10,000 6 $20,000 12 $20,000 $40,000 18 $80,000 $20,000 $40,000 $160,000 30 $320,000 36 $80,000 5640.000 42 $1.280,000 48 540.000 $160,000 $2,560,000 47. Now, fill in the chart using an amount other than $10,000 YEARS 3% 12 0 Type Here Type Here 5 Type Answer Here Type Here Type Here 12 Type Answer Here Type Here Type Here 18 Type Answer Here Type Here Type Here 24 Type Answer Here Type Here Type Here 30 Type Answer Here Type Here Type Here 36 Type Answer Here Type Here Type Here Type Answer Here Type Here Type Here Type Answer Here Type Here Type Here