The survey results from the National Association of Colleges and Employers (NACE) show the average annual...

  

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The survey results from the National Association of Colleges and Employers (NACE) show the average annual increases in salaries for new accounting graduates to be 3.42% since the year 2008. If new starting salaries in accounting were $36,919 in 2008, what were they in 2019? Denise has $2,500 but needs $5,000 to purchase a new golf cart. If she can invest her money at a rate of 12% per year, approximately how many years will it take the money in Denise's account to grow to $5,000? Use the Rule of 72 to determine your answer. Note: The golf cart's price may have changed by the time Denise's account reaches a value of $5,000 The survey results from the National Association of Colleges and Employers (NACE) show the average annual increases in salaries for new accounting graduates to be 3.42% since the year 2008. If new starting salaries in accounting were $36,919 in 2008, what were they in 2019? Denise has $2,500 but needs $5,000 to purchase a new golf cart. If she can invest her money at a rate of 12% per year, approximately how many years will it take the money in Denise's account to grow to $5,000? Use the Rule of 72 to determine your answer. Note: The golf cart's price may have changed by the time Denise's account reaches a value of $5,000