Business
Business, 13.12.2021 03:10, parkerwallace04

On April 1, 1986, Casey deposited $1150 into a savings account paying 9.6% interest, compounded quarterly. If he hasn't made any additional deposits or
withdrawals since then, and if the interest rate has stayed the same, in what
year did his balance hit $2300, according to the rule of 72?

answer
Answers: 2

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On April 1, 1986, Casey deposited $1150 into a savings account paying 9.6% interest, compounded qu...

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