What is compounding? Explain the rule of 72.

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Personal Financial Planning

ISBN: 978-1111971632

13th edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley

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Question Posted: Feb 13, 2015 09:28 AM

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What is compounding? Explain the rule of 72.

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Interest is earned over a given period of time When interest is compounde...View the full answer

Personal Financial Planning

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