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?

Respuesta :

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

Otras preguntas

A sequence has an initial value of 10 and each term is twice the previous term. Which function models this sequence?1) a(n)=10(2)^n2) a(n)=10(2)^n-13) a(n)=10+2
Heating zinc sulfide in the air causes the formation of
What is 2.333333 in fraction form
Explain why the current is reduced as electrons move through a conductor.
How do you do this algebra question
How many light sources do you know Pls list them
List two factors that might cause an organism to restrict its use of a resource.
A box contains bags of crisps. Each bag of crisps weighs 25 grams. Altogether, the bags of crisps inside the box weigh 1 kilogram. How many bags of crisps are i
A sequence has an initial value of 10 and each term is twice the previous term. Which function models this sequence?1) a(n)=10(2)^n2) a(n)=10(2)^n-13) a(n)=10+2
An oscillator makes four vibrations in one second. What is its period and frequency?