According to the Rule of 70,if a Person's Saving Doubles

question 63

Multiple Choice

According to the rule of 70,if a person's saving doubles in 10 years,what interest rate were they earning?

• A)3.5
• B)7
• C)14
• D)None of the above is correct.

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Definitions:

Isolationist Approach

A foreign policy strategy where a country minimizes its economic and political involvement with other countries to protect its sovereignty and independence.

Time of Troubles

A period of Russian history (1598–1613) characterized by famine, social upheaval, widespread suffering, and conflicts over succession.

Estates-General

The Estates-General was a legislative body in pre-revolutionary France made up of representatives from the three estates of the realm: the clergy, the nobility, and the common people.

Universal Suffrage

Universal suffrage is the right of all adult citizens, regardless of gender, race, or economic status, to vote in political elections.