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According to the Rule of 70, If You Earn an Interest

question 47

True/False

According to the rule of 70, if you earn an interest rate of 3.5 percent, your savings will double about every 20 years.


Definitions:

Aromatic

Organic compounds that contain one or more benzene rings or similar structures, characterized by a high degree of chemical stability and unique reactions.

Π Network

A system of conjugated pi bonds in a molecule, allowing delocalized electron movement across the structure, affecting its reactivity and properties.

Anti-aromatic

Refers to cyclic compounds that do not follow the rules of aromaticity, often being less stable due to their electronic structure.

Nitrophenol

An organic compound consisting of a phenol group in which one of the hydrogen atoms is replaced by a nitro group (-NO2).

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