Math, asked by notLei, 2 months ago

Use the rule of 72 to determine the following investment result. Amaya has $10,000. She expects to earn 7.2% on her investments portfolio. How long will it take forher investment to double?

Question 6 options:

10 years


9 years


8 years


7 years


11 years


7.2 years

Answers

Answered by RayyanKashan
1

Answer:

10 years.

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Step-by-step explanation:

Rate: 7.2

Rule 72

= 72/7.2

=10 years Answer

All the best

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