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If the equation to calculate the time it takes your account balance to double is 72/6, what is the interest rate of that investment?
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If the equation to calculate the time it takes

your account balance to double is 72/6, what
is the interest rate of that investment?

If the equation to calculate the time it takes your account balance to double is 72/6, what-example-1
User Tomonso Ejang
by
6.3k points

1 Answer

1 vote

Answer:

12%

Explanation:

well when you get 72/6 and to make it into a easier full number/ (not a fraction) you get 12 then you put the % behind it and now you have 12%

User RyanVincent
by
6.4k points
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