Multiple Choice
The Rule of 72
A) can be used to determine the amount of time it takes to double an investment.
B) is fairly accurate for interest rates between 25 and 50 percent.
C) states that the time to double your money approximately equals 72/i, where 72 represents the years it takes to double your investment.
D) None of the above describe the Rule of 72.
Correct Answer:
Verified
Correct Answer:
Verified
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