Question
Using the rule of 72, calculate how quickly $1,000 will double to $2,000 at an interest rate of 2, 4, 6, and 8 percent interest
Using the rule of 72, calculate how quickly $1,000 will double to $2,000 at an interest rate of 2, 4, 6, and 8 percent interest rate, respectively.
Group of answer choices
36/18/12/6
36/12/9/6
36/18/12/9
72/36/18/9 years
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Restaurant Financial Management
Authors: Hyung-il Jung
1st Edition
1774631431, 978-1774631430
