Seudónimo Seudónimo
  • 17-02-2017
  • Mathematics
contestada

Denise put $95 into a CD that pays 5.2% interest compounded monthly. According to the rule of 72, approximately how long will it take for her money to double?

Respuesta :

audreyburkett12
audreyburkett12 audreyburkett12
  • 17-02-2017
number of periods to double = 72/interest rate % 

72/0.43* = 166.15 months = 13.85 years. 
Answer Link

Otras preguntas

Why was the evolution of amphibians notable? What did they pioneer?
What is the value of f if -40f = 1,600
Rob has 40 coins, all dimes and quarters, worth $7.60. How many dimes and how many quarters does he have?
What is the average (arithmetic mean) of all the multiples of ten from 10 to 190 inclusive?
A dominant gene usually shows itself over a a. homozygous gene. b. heterozygous gene. c. recessive gene. d. sex-linked trait.
what is wrong with this sentence anita dont know how to play the star spangled banner yet
What percent of 300 is 90. Help please
Solve   6v(2v + 3)Please solve and explain this
what is a similarity between Earth's rotation and revolution???
How do you find a genotype and a phenotype.