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According to the Rule of 70, If the Interest Rate

question 114

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According to the rule of 70, if the interest rate on a bank deposit is 5% per year, how long will it take for the bank deposit to double in value?


Definitions:

Extraverts

Individuals who are outgoing, sociable, and energized by interactions with other people.

Western Cultures

Societies, primarily in the Western hemisphere, characterized by a set of values including democracy, rationalism, and individualism.

Introversion

A personality trait characterized by a preference for solitary activities and environments that are not overly stimulating; introverts recharge by spending time alone.

Narcissism

Excessive self-love and self-absorption.

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