According to the Rule of 72, approximately what interest rate is earned when an investment doubles over 4 years?
1) 24 percent
2) 12 percent
3) 6 percent
4) 18 percent

Question

10-06-2024
Business

Answered

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According to the Rule of 72, approximately what interest rate is earned when an investment doubles over 4 years?
1) 24 percent
2) 12 percent
3) 6 percent
4) 18 percent

Sagot :

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