Rule of 72 Approximately What Interest Rate Is Needed to Double

question 64

Multiple Choice

Rule of 72 Approximately what interest rate is needed to double an investment over 6 years?

• A) 6%
• B) 12%
• C) 17%
• D) 100%

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Definitions:

Sensory Deprivation

A state in which an individual receives significantly reduced sensory input, which can lead to various cognitive and psychological effects.

Perceptual Distortions

Refers to inaccuracies or alterations in the perception of reality, often due to physiological or psychological factors affecting the sensory processes.

LSD

Lysergic acid diethylamide, a powerful hallucinogenic drug that alters perception, mood, and various cognitive processes.

Percent

A mathematical term describing a part or fraction of a hundred, commonly used to express proportions, ratios, or comparisons.