Order the answer to: Using the rule of 72,…
| Question | Using the rule of 72, approximate the following amounts: a. If land in an area is increasing six percent a year, how long will it take for property values to double? b. If you earn ten percent on your investments, how long would it take for your money to double? c. At an annual interest rate of five percent, how long would it take for your savings to double? |
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| Subject | business-corporate-finance |
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