Rule of 72 Approximately What Interest Rate Is Needed to Double

question 1

Multiple Choice

Rule of 72 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:

Producers

Organisms, typically plants or algae, that synthesize their own food from inorganic substances using light or chemical energy, forming the base of a food chain.

Secondary Consumers

Organisms, typically animals, that consume primary consumers for energy. They are part of the second level in the food chain.

Shade-Tolerant Plants

Plants that can grow and reproduce under low light conditions, as found under the canopy of forests.

Soil Erosion

Soil Erosion is the displacement of the upper layer of soil, it is a process that can be caused by wind, water, and activities of people and animals.