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According to the Rule of 72

Question 17

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 x 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%

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