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Desiree put $175 into a CD that pays 6% interest compounded semiannually. According to the rule of 72, approximately how long will it take for her money to double?A. 16 years B. 12 years C. 8 years D.
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Oct 9, 2019
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Desiree put $175 into a CD that pays 6% interest compounded semiannually. According to the rule of 72, approximately how long will it take for her money to double?A. 16 years
B. 12 years
C. 8 years
D. 18 years
Mathematics
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Galaxywatcher
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Answer:
12 years - APEX
Explanation:
Subin Mathew
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Oct 10, 2019
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Subin Mathew
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12 yrs is the answer it will take to double her money
72/6=12
Dracstaxi
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Oct 15, 2019
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