Use the Rule of 72. Based on the Rule of 72 determine how long it would take
Question:
Use the Rule of 72. Based on the Rule of 72 determine how long it would take to double an investment of $5,000 if you could invest it at 7 percent. How long would it take to triple the investment?
AppendixLO1
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answered By
Branice Buyengo Ajevi
I have been teaching for the last 5 years which has strengthened my interaction with students of different level.
1+ Reviews
10+ Question Solved
Related Book For 
Personal Finance Tax Update
ISBN: 9780357438947,9780357438930
13th Edition
Authors: E. Thomas Garman , Raymond Forgue
Question Posted:
