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19-11-2021
Mathematics

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A friend tells you that her savings account doubled in 6 years. Use the Rule of 72 to estimate what the APR of her account was.

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ZinCeNeyeLv ZinCeNeyeLv

19-11-2021

Answer:

12

Step-by-step explanation:

Just divide 6 into 72 to find that it will require an interest rate of about 12 percent.

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