Rule of 72 Approximately What Interest Rate Is Needed to Double

question 100

Multiple Choice

Rule of 72 Approximately what interest rate is needed to double an investment over four years?

• A)4 percent
• B)18 percent
• C)25 percent
• D)100 percent

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Definitions:

Selective Serotonin Reuptake Inhibitor

A class of drugs commonly prescribed to treat depression and anxiety disorders by increasing serotonin levels in the brain.

Depressed

A state characterized by persistent feelings of sadness, hopelessness, and a lack of interest or pleasure in activities.

Treatment Plan

A detailed, tailor-made strategy designed by healthcare professionals to treat a patient's specific health condition, taking into account the diagnosis, prognosis, and available therapeutic options.

Therapy

A treatment aiming to relieve or heal disorders, typically involving psychological techniques and dialogue between a client and a therapist.