Rule of 72 Approximately how many years does it take to double a $600 investment when interest rates are 6% per year?
A) .08 years
B) 8 years
C) 8.33 years
D) 12 years

Question

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The Answer of Rule of 72 Approximately how many years does it take to double a $600 investment when interest rates are 6% per year?
A) .08 years
B) 8 years
C) 8.33 years
D) 12 years

Rule of 72 Approximately How Many Years Does It Take