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Use the Rule of 72 to find what interest rate is needed to double $10,000 investment in the given number of years.

Use the Rule of 72 to find what interest rate is needed to double $10,000 investment in the given number of years.
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Use the Rule of 72 to find what interest rate is needed to double $10,000 investment in the given number of years.

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User Jacek Rojek
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1 Answer

2 votes

Answer:

It will take 14.4 years to double your investment with a interest rate of 5%.

Explanation:

answered
User Murtza Manzur
by
8.4k points
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