The Rule of 72 States That It Will Take _____

question 58

Multiple Choice

The Rule of 72 states that it will take _____ years for a savings account to double at a 9% annual interest rate.

• A) 8
• B) 9
• C) 6.5
• D) 6.1

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Definitions:

Calendar Items

Events, appointments, or tasks scheduled on a calendar that help users organize their time and activities.

iCalendar File

A digital file format used to store and share calendar event details across different applications and platforms.

Recurring Event

An event that happens regularly according to a predetermined schedule, often seen in calendar applications.

Busy

Describes a state or condition of having a lot of activities or tasks to do, often leading to limited availability for additional commitments.