Using the Rule of 70, Calculate How Many Years It

question 25

Multiple Choice

Using the rule of 70, calculate how many years it would take for John's income to double if he were to experience a 4 per cent increase in income per year.

• A) 22 years
• B) 17.5 years
• C) 5.5 years
• D) 25 years

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Definitions:

Agreeableness

A personality trait involving attributes such as trust, altruism, kindness, and affection toward others.

Agreeableness

A personality trait characterized by kindness, empathy, trust, and cooperativeness.

Conscientiousness

A personality trait of being thorough, careful, or vigilant; entails a strong sense of duty and responsibility.

Erikson's Life Stages

A theory by Erik Erikson that describes eight stages through which a healthily developing human should pass from infancy to late adulthood.