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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
Does anyone know this , h e l p !!
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.
The attached chart may be of help. http://tinyurl.com/aoqxafm
Make your ownquestion about it cause it in my notifications , thanks !
@sinhvienmoi Click on the attachment link directly above your post. The Rule of 72 statement will pop up.