9 Using the rule of 72, which statement is NOT correct? At an annual interest rate of 0%, you will never be able to double your savings. At an annual interest rate of 12%, it will take 6 years to double your savings. All statements are correct. O You should wait 72 years to double your savings if the annual interest rate is 1%. None of the statements is correct. 2 points You have the following information from your budget and actual information for the last month. What is your surplus or deficit variance? Category Food Clothes Transportation Recreation Budget $500 $100 $60 $150 $500 Personal laptop $1,000 $800 $370 Deficit. $170 Surplus. $0. $370 Surplus. O $170 Deficit. Actual $450 $200 $30

Using the rule of 72 , which statement is NOT correct? At an annual interest rate of 0%, you will never be able to double your savings. At an annual interest rate of 12%, it will take 6 years to double your savings. All statements are correct. You should wait 72 years to double your savings if the annual interest rate is 1%. None of the statements is correct. 2 points You have the followin What is your surplus or deficit variance? $370 Deficit. $170 Surplus. $0. $370 Surplus. \$170 Deficit