Mathematics, 18.01.2020 03:31 hello1942

On january 1, 1960, augustus deposited $3950 into a savings account paying 3.3% interest compounded monthly. if he hasn't made any additional deposits or withdrawals since then, and if the interest rate has stayed the same, in what year did his balance hit $7900 according to the rule of 72? *

1980
1981
1982
1983

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On january 1, 1960, augustus deposited $3950 into a savings account paying 3.3% interest compounded...