If a Savings Account Pays 7% Interest, Then According to the Rule

question 79

Short Answer

If a savings account pays 7% interest, then according to the rule of 70 how long will it take for the account balance to double?

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Definitions:

Apology

An expression of regret or sorrow for having done something wrong or caused inconvenience.

Negative Message

Communication that conveys bad news, rejection, or feedback that may not be favorable to the recipient.

Social Media

Digital platforms that facilitate the creation and sharing of information, ideas, career interests, and other forms of expression via virtual communities.

Effective Closings

The concluding part of a communication that reinforces the main message, encourages action, or provides closure.