If a Savings Account Pays 7% Interest, Then According to the Rule

question 79

Short Answer

If a savings account pays 7% interest, then according to the rule of 70 how long will it take for the account balance to double?

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Definitions:

Bipolar Disorder

A mental health condition characterized by extreme mood swings that include emotional highs (mania or hypomania) and lows (depression).

Checking Rituals

Repetitive behaviors or mental acts that an individual feels driven to perform in response to an obsession, often seen in Obsessive-Compulsive Disorder.

Trust

The belief in the reliability, truth, ability, or strength of someone or something.

Memory

The ability of the mind to keep and retrieve knowledge.