How can the Rule of 72 be used to determine how long it will take for an

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How can the Rule of 72 be used to determine how long it will take for an investment to double in value?

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Introduction to Finance Markets Investments and Financial Management

ISBN: 978-1118492673

15th edition

Authors: Melicher Ronald, Norton Edgar

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Question Posted: Mar 27, 2015 12:16 PM

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How can the Rule of 72 be used to determine how long it will take for an

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The Rule of 72 method is applied by dividing the interest rate into the number 72 ...View the full answer

Introduction to Finance Markets Investments and Financial Management

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