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Pearl deposited $60 into her savings account. According to the rule of 72, what interest rate will cause her money to double in approximately 33 years?

Pearl deposited $60 into her savings account. According to the rule of 72, what interest rate will cause her money to double in approximately 33 years?
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3 votes
Pearl deposited $60 into her savings account. According to the rule of 72, what interest rate will cause her money to double in approximately 33 years?

asked
User Anthony Battaglia
by
9.2k points

1 Answer

6 votes

Answer:2.2%

Explanation:

answered
User Jeff Sheldon
by
8.4k points
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