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Using the rule of 72, ? - r. how long will it take for the principal to double with an annual compound interest rate of 6%? O 6 years 9 years 12 years 15 years

Using the rule of 72, ? - r. how long will it take for the principal to double with an annual compound interest rate of 6%? O 6 years 9 years 12 years 15 years
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2 votes
Using the rule of 72, ? -

r. how long will it take for the principal to double with an annual compound interest rate of 6%?
O 6 years
9 years
12 years
15 years

User Luis Cruz
by
7.4k points

1 Answer

2 votes
12 years
just for extra space
User Victor Santiago
by
8.5k points
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