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    Exam 7: Interest Rates and Present Value
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    Using the Rule of 72, How Long Will It Take
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Using the Rule of 72, How Long Will It Take

Question 58

Question 58

Multiple Choice

Using the Rule of 72, how long will it take something growing at 1% per year to double


A) 100 years
B) 72 years
C) 50 years
D) 720 years

Correct Answer:

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