Using the Rule of 72,if You Re-Invest Annually at 8

question 22

Essay

Using the Rule of 72,if you re-invest annually at 8 percent,in how many years will it take you to double your money?

---

Definitions:

Domineering

Exhibiting authoritative and often overpowering behavior, typically in a way that is oppressive or controlling.

Companionship

A close relationship in which beings spend time together or live together and provide mutual comfort and friendship.

Artifact Theory

A concept in social sciences that explains how societal norms and values are not inherent but are constructed or invented by members of the society.

Sociocultural

Pertaining to the influence that social and cultural factors have on individual development, behaviors, and ideologies.