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According to the rule o 72, in about how many years will $20 be worth $10 if the rate of inflation is 6%

According to the rule o 72, in about how many years will $20 be worth $10 if the rate of inflation is 6%
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according to the rule o 72, in about how many years will $20 be worth $10 if the rate of inflation is 6%

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User DoTryCatch
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1 Answer

3 votes
The equation you want to create is 10= 20(0.94^x) X being years. The answer should be 8 1/3 years.
answered
User Alex Lacayo
by
8.1k points
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