According to the Rule of 72 that was discussed in class, how many years will it take for Katie to double her money if she invests in a mutual fund that pays 12% annually?
A) 5 years
B) 6 years
C) 7 years
D) 10 years

Question

10-06-2024
Business

Answered

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According to the Rule of 72 that was discussed in class, how many years will it take for Katie to double her money if she invests in a mutual fund that pays 12% annually?
A) 5 years
B) 6 years
C) 7 years
D) 10 years

Sagot :

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According to the Rule of 72 that was discussed in class, how many years will it take for Katie to double her money if she invests in a mutual fund that pays 12% annually?A) 5 yearsB) 6 yearsC) 7 yearsD) 10 years

Sagot :

Other Questions

According to the Rule of 72 that was discussed in class, how many years will it take for Katie to double her money if she invests in a mutual fund that pays 12% annually?
A) 5 years
B) 6 years
C) 7 years
D) 10 years