According to the Rule of 72

Multiple Choice

According to the rule of 72:

A) any amount should double in value in 72 months if invested at 10%.
B) 72/interest rate is the number of years approximately it will take for an amount to double.
C) 72 × interest rate is the number of years it will take for an amount to double.
D) the interest rate divided by the number of years invested will always equal 72%.