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Jovanmommy_13

Ethan put $150 into a CD that pays 3% interest, compounded monthly. According to the rule of 72, approximately how long will it take for his money to double? A.16 years B.48 years C.12 years D.24 years

  • one year ago
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  1. Jovanmommy_13
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    Does anyone know this , h e l p !!

    • one year ago
  2. jes282010
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    24

    • one year ago
  3. tkhunny
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    Rule of 72 -- 72 / 3 = 24 That's all there is to it. That's the point of the Rule of 72. It's quick and simple.

    • one year ago
  4. Directrix
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    The attached chart may be of help. http://tinyurl.com/aoqxafm

    • one year ago
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  5. Jovanmommy_13
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    Make your ownquestion about it cause it in my notifications , thanks !

    • one year ago
  6. Directrix
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    @sinhvienmoi Click on the attachment link directly above your post. The Rule of 72 statement will pop up.

    • one year ago
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