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The Rule of 7 2 is: Multiple Choice The number of steps required to complete a financial plan. Used to calculate interest rates for savings.

The Rule of

72

is:

Multiple Choice

The number of steps required to complete a financial plan.

Used to calculate interest rates for savings.

The legal code for requiring companies to provide a match on retirement savings.

A tool to determine the number of years until retirement for an employee.

Used to estimate how fast prices will double using a given annual inflation rate.

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