Jala put $600 in an interest bearing account with a annual compound interest rate of 5%. Jala determined that after seven years, she will have a total balance of $844. 26. Using the rule of 72, t = StartFraction 72 Over r EndFraction how many more years will it be before Jala’s $600 doubles in value? Round to the nearest tenth. 3. 3 years 7. 4 years 10. 3 years 14. 4 years.
