asked 65.4k views
2 votes
On April 1, 1986, Casey deposited $1150 into a savings account paying 9.6%

interest, compounded quarterly. If he hasn't made any additional deposits or
withdrawals since then, and if the interest rate has stayed the same, in what
year did his balance hit $2300, according to the rule of 72?

asked
User Arku
by
8.6k points

1 Answer

1 vote

Answer:4900

Explanation: it makes sence duh.

answered
User Ali Mokrani
by
8.0k points
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