Using the Rule of 72, How Long Will It Take

question 113

Multiple Choice

Using the Rule of 72, how long will it take something growing at 2% per year to double

• A)100 years.
• B)50 years.
• C)36 years.
• D)144 years.

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Definitions:

Dualistic Thinkers

Individuals who perceive situations, ideas, and concepts strictly in terms of two opposing categories or perspectives, lacking recognition of nuance or complexity.

Foreclosed Decision

A commitment made to an identity or choice without exploring alternatives, often influenced by external expectations or authorities.

Anxiety

A feeling of worry, nervousness, or unease about something with an uncertain outcome.

Solutions

Answers or methods for solving a problem or dealing with a challenging situation.