Multiple Choice
According to the rule of 70,if a person's saving doubles in 10 years,what interest rate were they earning?
A) 3.5
B) 7
C) 14
D) None of the above is correct.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q59: Laura says that the present value of
Q60: You are expecting to receive $3,500 at
Q60: Other things the same, an increase in
Q61: Of the following interest rates,which is the
Q62: Black Oil Company considered building a service
Q64: Suppose Emilio offers you $500 today or
Q65: Marcia has four savings accounts.Which account has
Q66: Assuming the interest rate is 5 percent,which
Q67: Rita puts $10,000 into each of two
Q68: Twenty years ago,Dr.Montgomery borrowed money from her