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Mathematics, 21.04.2020 04:29 shanua
Sylvia invested $500 in an account compounded annually with an interest rate of 8%. Manuel invested $600 in an account with a
compound interest rate of 7.25%. Using the rule of 72, 7, who will double their money first?
Sylvia will double her money first, in approximately 9 years.
Manuel will double his money first, in approximately 10 years.
Manuel will double his money first, in approximately 9 years.
Sylvia will double her money first, in approximately 10 years.
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Sylvia invested $500 in an account compounded annually with an interest rate of 8%. Manuel invested...
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