If a Savings Account Pays 3

question 12

Short Answer

If a savings account pays 3.5% interest, then according to the rule of 70 how long will it take for the account balance to double?

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Definitions:

Reflexive Smile

An involuntary smile, often seen in babies, which does not necessarily occur in response to external stimuli.

Effortful Control

The ability to regulate one's behavior through conscious control as opposed to automatic or instinctive reactions.

Exuberance

Lively energy and excitement, often showing in behavior or enthusiasm.

Separate Persons

The concept or state of being distinct or individual entities, not connected or amalgamated with others.