Question

Using the rule of 72, if you invest $1,000 at an annual rate of 7%, it will take about How many years for your investment to
double

Answer 1

Answer:

11

Step-by-step explanation:

Divide 72/7= 10.2857143

10.2857143 rounded into years  is 11.

Answer 2

Answer:

10

Step-by-step explanation:

hope it helps