Jala put $600 in an interest bearing account with a annual compound interest rate of 5%. Jala determined that after seven years, she will have a total balance of $844. 26. Using the rule of 72, t+72/t how many more years will it be before Jala’s $600 doubles in value? Round to the nearest tenth.
3. 3 years
7. 4 years
10. 3 years
14. 4 years