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    Exam 4: Time Value of Money 1: Analyzing Single Cash Flows
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    Rule of 72 Approximately What Interest Rate Is Needed to Double
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Rule of 72 Approximately What Interest Rate Is Needed to Double

Question 50

Question 50

Multiple Choice

Rule of 72 Approximately what interest rate is needed to double an investment over 8 years?


A) 8%
B) 9%
C) 12%
D) 100%

Correct Answer:

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