It Takes 5

question 78

True/False

It takes 5.34 years for money to triple in value when invested at 8% per annum.

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Definitions:

Developmental Disabilities

A diverse group of chronic conditions that are due to mental or physical impairments that arise before adulthood.

Caffeine

A stimulant commonly found in coffee, tea, and other beverages, known to affect central nervous system activity.

Tobacco

A plant whose leaves are harvested and processed for smoking, chewing, or snuffing, containing the addictive substance nicotine.

Alcohol

A chemical compound, specifically ethanol in the context of beverages, which is consumed and can alter consciousness or behavior.