The Rule of 72 is a simplified formula that calculates how long it will take for an investment to double in value (t), based on its rate of return. As per the rule: t ~ 72/rate of interest Here, using the Rule of 72, divide the rate of interest in absolute terms by 72, i.e. 72/12 = 6 years approximately To cross check, if P=100 and r =12% and n=6 A = 100*(1.12)6 = 197.38 which is approximately double the amount of the Principal.
Which SQL statement is used to delete data from a database table?
HTTPS stands for ?
What does the Hypertext Transfer Protocol (HTTP) define?
CPU part that adds two numbers.
Suppose we have a printer shared between various machines in a network, and any machine or computer in a network can send a print request to the printe...
Which algorithm is used to search for a specific element in a sorted array by repeatedly dividing the search interval in half?
Attributes that do not exist in the physical database, but their values are derived from other attributes present in the database.
The "fetch-decode-execute" cycle in CPU control design refers to the sequence of actions performed for each:
Which of the following is a passive electronic component used in analog circuits?
In a three-phase system, each phase has a voltage of 400V. Calculate the line voltage (phase-to-phase voltage) in the system.