Multiple Choice
You double your money in five years. The reason your return is not 20 percent per year is because:
A) it is probably a "fad" investment.
B) it does not reflect the effect of discounting.
C) it does not reflect the effect of the Rule of 72.
D) it does not reflect the effect of compounding.
Correct Answer:
Verified
Correct Answer:
Verified
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