Approximately What Interest Rate Is Needed to Double an Investment

question 112

Multiple Choice

Approximately what interest rate is needed to double an investment over six years?

• A) 6 percent
• B) 12 percent
• C) 17 percent
• D) 100 percent

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Definitions:

Bed Rest

A medical recommendation to restrict activities and remain lying down for most of the day to promote healing or recovery.

Dyspnea

Difficulty or discomfort in breathing, often described as shortness of breath.

Hemorrhage

Excessive bleeding or blood loss, either internally or externally.

Low-molecular-weight Heparin

A medication used to prevent and treat blood clots, characterized by its lower molecular weight compared to standard heparin, resulting in more predictable effects.