Using the Rule of 72,if It Will Take Approximately 12

question 82

Multiple Choice

Using the Rule of 72,if it will take approximately 12 years for your money to double,at what annually compounded interest rate is it invested?

• A)6%
• B)8%
• C)9%
• D)12%

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Definitions:

Atomic Number

The number of protons in the nucleus of an atom, which determines the chemical properties of the element.

Electronegativity

A chemical property that describes the ability of an atom to attract electrons towards itself in a chemical bond.

Isotopes

Forms of an element that differ in the number of neutrons their atoms carry.

Electrons

Negatively charged particles in atoms, playing a crucial role in chemical reactions and electricity by transferring energy and charge.