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According to the rule of 72, if Jo invests $100 and $1000 into two separate accounts with the same interest rate, which amount will double faster?

According to the rule of 72, if Jo invests $100 and $1000 into two separate accounts with the same interest rate, which amount will double faster?
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4 votes
According to the rule of 72, if Jo invests $100 and $1000 into two separate accounts with the same interest rate, which amount will double faster?

asked
User Carl Boneri
by
8.8k points

2 Answers

7 votes

Answer:

both will double at the same rate

Step-by-step explanation:

answered
User Ken Sharp
by
8.2k points
6 votes

both will double at the same rate

answered
User Prtdomingo
by
8.6k points
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