According to the Rule of 72, You Can Do Which

question 62

Multiple Choice

According to the Rule of 72, you can do which one of the following?

• A)double your money in five years at 7.2 percent interest
• B)double your money in 7.2 years at 8 percent interest
• C)double your money in 8 years at 9 percent interest
• D)triple your money in 7.2 years at 5 percent interest
• E)triple your money at 10 percent interest in 7.2 years

---

Definitions:

Will

A legal document expressing a person's wishes regarding the distribution of their property and the care of any minor children after their death.

Common Law Right

Rights derived from historical court decisions and customary practices rather than statutes.

Water

A transparent, tasteless, odorless, and nearly colorless chemical substance that is essential for most forms of life and is used in many industrial processes.

Domestic Usage

Practices or norms followed within a specific country, industry, or community, especially in the context of trade or contractual agreements.