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Mathematics 55 Online
OpenStudy (anonymous):

Lars deposited $50 into a savings account for which interest is compounded quarterly. According to the rule of 72, what interest rate will cause his money to double in approximately 29 years?

OpenStudy (anonymous):

so anyone

OpenStudy (anonymous):

A. 2.5% B. 0.6% C. 0.4% D. 1.7%

OpenStudy (anonymous):

I'm trying to solve that same question right now. I don't understand this at all.

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