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Business, 13.12.2021 03:10 parkerwallace04
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?
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Answers: 2
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On April 1, 1986, Casey deposited $1150 into a savings account paying 9.6%
interest, compounded qu...
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