baldwinNotSmart
baldwinNotSmart baldwinNotSmart
  • 09-11-2016
  • Business
contestada

When Would you need to use Rule 72 ?

Respuesta :

Lophile
Lophile Lophile
  • 09-11-2016
For example, if you want to know how long it will take to double your money at eight percent interest, divide 8 into 72 and get 9 years.
Answer Link
Аноним Аноним
  • 09-11-2016
The rule says that to find the number of years required to double your money at a given interest rate, you just divide the interest rate into 72. For example, if you want to know how long it will take to double your money at eight percent interest, divide 8 into 72 and get 9 years.
Answer Link

Otras preguntas

An inference is based on ___. evidence mood wild guess conversation
PLEASE HELP ME I'M STUCK ON THIS QUESTION!!!!!!!!!!!!!!!!!!!!!! Grant can row 6 miles in 36 minutes. Arianna can row 3,520 yards in 20 minutes. In miles per h
Solve Q= 3+5ac for a
What are the two applications of electrostatic induction?
Vpns can be classified based on the kinds of ____ they connect
The vikings erected large memorial ______ stones, which are covered with inscriptions in the twig-like letters of an early germanic alphabet.
Separates by formation of solid, pure particles from a solution a. filtration b. distillation c. crystallization d. chromatography
does romeo get rosaline to love him?
A principal of $3800 is invested at 3% interest, compounded annually. How much will the investment be worth after 10 years? Use the calculator provided and ro
What company did donald trump work for after attending college?