Question
The rule of 72 can be used to give an estimate of the
time period in which an inves t ment amount can grow by ______ , given the annual rate of return.Solution
The rule of 72 is a simple way to determine how long an investment will take to double ( i.e. grow by 100%), given a fixed annual rate of interest. By dividing 72 by the annual rate of return, investors obtain a rough estimate of how many years it will take for the initial investment to duplicate itself. However , the Rule of 72 is reasonably accurate for low rates of return. Â
What does ‘kiw’ stand for?
The code ‘Y14&’ stands for which of the following word?
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What is the code for ‘You’?
In a certain code of language, ' four ways to ' is coded as ' yr, ws, az ', ' longer without four ' is coded as ' vb, df, yr ' and ' spending ways witho...
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In a certain code language, LARGE is coded as 50 and BITE is coded as 43. How will DREAMS be coded in that language?
If PAPERS is coded as 69, then SMOOTH is coded as?
What is the code for ‘only’?
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