Multiple Choice
Which statement about the Rule of 70 is NOT true?
A) It is a valuable tool for understanding the power of compounding growth rates over time.
B) It is fairly accurate for small growth rates.
C) It becomes more accurate over time.
D) It is an easy way to approximate the number of years it takes for an amount to double in value.
Correct Answer:
Verified
Correct Answer:
Verified
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