According to the Rule of 72

question 17

Multiple Choice

According to the rule of 72:

• A)Any amount should double in value in 72 months if invested at 10%
• B)72/interest rate is the number of years approximately it will take for an amount to double
• C)72 x interest rate is the number of years it will take for an amount to double
• D)The interest rate divided by the number of years invested will always equal 72%

Identify the various types of retailers and their characteristics.

Understand the responsibilities and skill sets required in key retailing roles.

Learn about the impact of retailing on the economy and employment.

Understand the principles and applications of the Uniform Commercial Code (UCC) regarding sales and leases of goods.