Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. [8 points] suppose you have invested $2200 at an a

[8 points] Suppose you have invested $2200 at an APR of 3%. Use the Rule...

70.2K

Verified Solution

Question

Basic Math

image

[8 points] Suppose you have invested $2200 at an APR of 3%. Use the Rule of 72 to estimate how long it will be until your investment reaches $4400.It will take approximately Select- years for the investment to reach $4400.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Chemistry
1.2K views

Draw the titration curve (pH versus mL of NaOH added) that would be obtained from the...

Civil Engineering
1.2K views

What are the basics, pros and cons of the following epanet program And stormcad?

Medical Sciences
1.2K views

compare and contrast the mucosa's between the esophagus and small intestine

Physics
1.2K views

Starting from the basic definition of moment of inertia (eq 9.15), evaluate by integration the rotational...

Finance
1.2K views

The following returns have been estimated for Security T and Security S: Scenario Security T Security S 1 20% 10% 2 13% -6% 3 15% 20% Each scenario is...

Physics
1.2K views

22 The frequency of the second overtone of the open pipe is equal to the...

Physics
1.2K views

A charge q is moved from A to Calong the path ABC as shown in...

Basic Math
1.2K views

6 Suppose you have a clothes dryer that uses 4000 watts of power and you...

Algebra
1.2K views

Write the following number in standard notation.7.81510?7.81510?=

Accounting
1.2K views

Rodriguez Company pays $321,165 for real estate with land, land improvements, and a building. Land...

Accounting
1.2K views

Following are the merchandising transactions for Dollar Store. Nov. 1 Dollar Store purchases merchandise for...

Finance
1.2K views

Randal's uncle has always been a little sketchy when it comes to filing his tax...