Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Using the rule of 72 , approximately how many years are needed to double a $100 investment when interest rates are 6.00 percent per year?
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