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:

Negligent

Failing to take proper or appropriate care in doing something, often leading to harm or risk of harm.

Basic Trust

The belief in the reliability, truth, ability, or strength of someone or something, often considered a foundational element of secure relationships.

Responsive Parenting

A parenting approach that involves recognizing and appropriately responding to a child's needs, cues, and signals.

Object Permanence

The understanding that objects don't vanish from existence just because they're momentarily undetectable to our senses.