Karenpaola15
Karenpaola15 Karenpaola15
  • 02-11-2018
  • Computers and Technology
contestada

State the rule of 72 for the number of years to halve.

Respuesta :

jesserayslawncare
jesserayslawncare jesserayslawncare
  • 03-11-2018

The "Rule of 72" is a simplified way to determine how long an investment will take to double, given a fixed annual rate of interest. By dividing 72 by the annual rate of return, investors can get a rough estimate of how many years it will take for the initial investment to duplicate itself.

Answer Link

Otras preguntas

A student completing research for a project enters the following search terms: Drugs AND prescription AND cost Which of the following best describes the likely
4x - (9 - 3x) = 8x - 1
what is 1284 rounded to the nearest 100?
To make this equation true we need parentheses 15 + 3 ÷ 3 = 6 A) nowhere B) around 3 ÷ 3 C) around 15 + 3 D) ar
If Mary deposits $275 in principal at an interest rate of 3.2 percent, how much interest will she earn in one year
If a sphere has a radius of 2 cm, what is the approximate surface area of the sphere
It took Marty 10 seconds to walk 15 feet. How fast was he walking in feet per second. Answer with supporting work
Three times geoffs age plus 3 is myrkas age. myrka is 48. what is geoffs age?
which of the following traits is acquired? a. the number of petals that grow in a plant's flower b. the wing shape of a wild bird c. the ability of some
178 rounded to the nearest hundred