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Rule of Simple Future Value.docx
1. Rule of 72, Simple Interest, & Future Value
Solve the following problems. Rule of 72, Simple Interest, & Future Value Rule of 72 1. How
many years does it take an investment to double earning 5%? Rule of 722. How many years
does it take an investment to double earning 8%? Rule of 723. How many years does it take
an investment to double earning 7.50%? Rule of 724. How many years does it take an
investment to double earning 9%? Rule of 725. How many years does it take an investment
to double earning 4%? Rule of 72 #Rule #Simple #Interest #amp #Future