Mathematics, 29.09.2019 21:30, kritalewis

Lars deposited $50 into a savings account for which interest is compounded quarterly. according to the rule of 72, what interest rate will cause his money to double in approximately 29 years?

a 0.6%
b 1.7%
c 2.5%
d 0.4%

Answers: 2

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Lars deposited $50 into a savings account for which interest is compounded quarterly. according to t...