According to the Rule of 70, a Stock Portfolio Growing

question 202

Multiple Choice

According to the rule of 70, a stock portfolio growing at a rate of 1.75% will double approximately every ______ years.

• A) 5
• B) 10
• C) 20
• D) 40

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Definitions:

Debris

Refers to the remains of something that has been destroyed or broken up.

Assignment

The transfer of rights, responsibilities, or interests from one party to another.

Lawsuit

A legal case brought to court by one party against another seeking a judgment or resolution.

Disposal

The act of getting rid of something, especially by throwing it away or by sale.