anonymous
  • anonymous
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
Mathematics
schrodinger
  • schrodinger
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anonymous
  • anonymous
Does anyone know this , h e l p !!
anonymous
  • anonymous
24
tkhunny
  • tkhunny
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.

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Directrix
  • Directrix
The attached chart may be of help. http://tinyurl.com/aoqxafm
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anonymous
  • anonymous
Make your ownquestion about it cause it in my notifications , thanks !
Directrix
  • Directrix
@sinhvienmoi Click on the attachment link directly above your post. The Rule of 72 statement will pop up.

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