Multiple Choice
According to the Rule of 72, you can do which one of the following?
A) double your money in five years at 7.2 percent interest
B) double your money in 7.2 years at 8 percent interest
C) double your money in 8 years at 9 percent interest
D) triple your money in 7.2 years at 5 percent interest
E) triple your money at 10 percent interest in 7.2 years
Correct Answer:

Verified
Correct Answer:
Verified
Q9: You are considering two lottery payment options:<br>
Q10: Interest earned on both the initial principal
Q23: What is the relationship between present value
Q35: Imprudential,Inc.has an unfunded pension liability of $850
Q59: Gerold invested $6,200 in an account that
Q61: At 11 percent interest, how long would
Q63: Fifteen years ago, Jackson Supply set aside
Q64: A year ago, you deposited $30,000 into
Q65: This morning, TL Trucking invested $80,000 to
Q66: You just received a $5,000 gift from