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The Rule of 72 is: Group of answer choices A tool to determine the number of years until retirement for an employee. Used to estimate

The Rule of 72 is:

Group of answer choices

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.

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

Used to calculate interest rates for savings.

The number of steps required to complete a financial plan.

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