According to the Rule of 72, what approximate interest rate is being offered on a deposit that doubles in value over an eight-year period?
A)7.2 percent
B)8.0 percent
C)9.0 percent
D)12.5 percent

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The Answer of According to the Rule of 72, what approximate interest rate is being offered on a deposit that doubles in value over an eight-year period?
A)7.2 percent
B)8.0 percent
C)9.0 percent
D)12.5 percent

According to the Rule of 72, What Approximate Interest Rate