At 8 Percent Interest,how Long Would It Take to Quadruple

question 48

Multiple Choice

At 8 percent interest,how long would it take to quadruple your money?

• A)16.55 years
• B)16.64 years
• C)17.09 years
• D)18.01 years
• E)18.56 years

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Definitions:

Nicotine Replacement

The use of products that deliver small amounts of nicotine into the body to help reduce withdrawal symptoms and cravings in individuals trying to quit smoking.

Behavioral Strategies

Approaches or techniques used to modify behavior through reinforcement, punishment, or other conditioning methods.

Moderate Physical Activity

A level of exercise that is generally safe for most people and includes activities that increase the heart rate and breathing but allow for conversation.

Substitute Source

An alternative origin from which something can be obtained or derived when the original source is unavailable.