According to the Rule of 72, What Approximate Interest Rate

question 43

Multiple Choice

According to the Rule of 72, what approximate interest rate is being offered on a deposit that doubles in value over an eight-year period?

• A)7.2 percent
• B)8.0 percent
• C)9.0 percent
• D)12.5 percent

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Definitions:

Incubation

The process or period between exposure to an infection and the appearance of the first symptoms.

Vector Transmission

The transfer of a disease or pathogen through carriers such as mosquitoes, ticks, or fleas from one host to another.

Disease-carrying Insect

An insect that transmits pathogens to humans or other animals, causing diseases.

Communicable Disease

An infectious disease that can be transmitted from one individual to another, either directly or indirectly.