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Bill put $750 into a cd that pays 8% interest, compounded quarterly. according to the rule of 72, approximately how long will it take for his money to double?

Bill put $750 into a cd that pays 8% interest, compounded quarterly. according to the rule of 72, approximately how long will it take for his money to double?
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bill put $750 into a cd that pays 8% interest, compounded quarterly. according to the rule of 72, approximately how long will it take for his money to double?

asked
User Chrispy
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8.8k points

1 Answer

6 votes
9 years

Hope it helped.
answered
User Aaron Reba
by
8.0k points
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