nicolassnyder97 nicolassnyder97
  • 31-03-2017
  • Mathematics
contestada

According to the rule of 72, in about how many years will $20 be worth $10 if the rate of inflation is 6%?

A. 48 years
B. 6 years
C. 24 years
D. 12 years

Respuesta :

CarBonMaTriX
CarBonMaTriX CarBonMaTriX
  • 31-03-2017
I am not sure but i think it is D 12 years but if i were you i would wait for somebody else to answer.

Answer Link
Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 31-03-2017
72/rate=time
72/6=12 years

Hope that helps
Answer Link

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