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Desiree put $175 into a CD that pays 6% interest compounded semiannually. According to the rule of 72, approximately how long will it take for her money to double?A. 16 years B.…

Desiree put $175 into a CD that pays 6% interest compounded semiannually. According to the rule of 72, approximately how long will it take for her money to double?A. 16 years B.…
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Desiree put $175 into a CD that pays 6% interest compounded semiannually. According to the rule of 72, approximately how long will it take for her money to double?A. 16 years

B. 12 years
C. 8 years
D. 18 years

asked
User Galaxywatcher
by
8.4k points

2 Answers

2 votes

Answer:

12 years - APEX

Explanation:


answered
User Subin Mathew
by
8.3k points
6 votes
12 yrs is the answer it will take to double her money

72/6=12
answered
User Dracstaxi
by
8.3k points
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