Using the Rule of 72, How Long Will It Take

question 86

Multiple Choice

Using the Rule of 72, how long will it take something growing at 4% per year to double

• A)100 years.
• B)72 years.
• C)18 years.
• D)288 years.

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Definitions:

Parameters

Limits or boundaries that define the scope of a particular process or activity; in statistics, numerical or measurable factors that define a system.

Ageist Attitude

Prejudice or discrimination on the basis of a person's age.

Older Adults

Individuals typically aged 65 years and older, often focusing on health, cognitive function, and social engagement aspects.

Ego Integrity

A term from Erikson's psychosocial development theory, referring to the sense of coherence and fulfillment one feels when looking back on their life, typically in old age.