According to the Rule of 72, a Savings Account with an Interest

question 120

Multiple Choice

According to the rule of 72, a savings account with an interest rate of 12 percent will double in value in approximately:

• A)3 years.
• B)6 years.
• C)8.5 years.
• D)10 years.

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Definitions:

Classical Behaviorism

A theory of learning based on the idea that all behaviors are acquired through conditioning processes.

Behaviorism

A theory of learning based on the idea that all behaviors are acquired through conditioning and that psychological disorders are best treated by altering behavior patterns.

Development Goals

Long-term aims or objectives that guide personal, professional, or societal growth and improvement.

Improve Oneself

The process of self-enhancement through activities that increase self-awareness, develop talents, and potential, and contribute to the realization of dreams and aspirations.