asked 7.3k views
5 votes
Sylvia invested $500 in an account compounded annually with an interest rate of 8%. Manuel invested $600 in an account wit

72
a compound interest rate of 7.25%. Using the rule of 72, 7. who will double their money first?
Sylvia will double her money first, in approximately 9 years.
Manuel will double his money first, in approximately 10 years.
Manuel will double his money first, in approximately 9 years.
Sylvia will double her money first, in approximately 10 years.

asked
User Kaniyan
by
8.2k points

2 Answers

3 votes

Answer:

It's A

Explanation:

Took test

answered
User Chris Sattinger
by
8.5k points
5 votes

Answer:

It’s a

Explanation:

Got it right on edg hope this helped

answered
User Anastazy
by
7.9k points
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