If the Interest Rate Is R Percent,then the Rule of 70

question 34

Multiple Choice

If the interest rate is r percent,then the rule of 70 says that your savings will double about every

• A)70/(1 - r)years.
• B)70/(1 + r)years.
• C)70/r years.
• D)70(1 + r)/r years.

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Definitions:

Routine Tasks

Repetitive and regular activities performed as part of one's day-to-day professional responsibilities.

Bias Free

Communication or content that avoids unfair preferences or prejudices towards any particular group or individual.

Revising Phase

A stage in the writing or project development process where content is reviewed, and changes are made to improve clarity, effectiveness, or accuracy.

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