The Rule of 72 Says That at 6% Interest $100

question 30

Multiple Choice

The rule of 72 says that at 6% interest $100 should become $200 in about:

• A) 72 months
• B) 100 months
• C) 12 years
• D) 7.2 years

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Definitions:

Industrial Robot

A programmable mechanical device that is used in manufacturing to perform a variety of tasks such as welding, painting, assembly, and product inspection, enhancing efficiency and precision.

Unit Load Formation

The process of efficiently grouping individual items into larger, more manageable quantities or packages for easier handling and transportation.

Workstation

A specific work area, often including equipment and machinery, designed for completing particular tasks or operations within a business or manufacturing process.

Systems Convergence

The process of integrating disparate systems, technologies, or applications into a combined or unified whole that works seamlessly.