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OpenStudy (ilovetostudy061897):
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? A. 1.7% B.0.6% C.0.4% D.2.5%
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OpenStudy (anonymous):
\[29=\frac{ 72 }{ rate }\]
OpenStudy (ilovetostudy061897):
Thankyou!!
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