Mathematics, 18.02.2021 23:50, iiamlui
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? A. 1993 B. 1992 C. 1994 D. 1991
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