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:

Abby Kelley

A prominent 19th-century American abolitionist and advocate for women's rights, known for her radical activism and public speaking.

American Anti-Slavery Society

An abolitionist society founded in 1833 that advocated for the immediate emancipation of all slaves in the United States.

Theodore Weld

An American abolitionist who played a key role in the anti-slavery movement and was an advocate for the immediate abolition of slavery.

Sinfulness of Slavery

A moral judgment that views slavery as inherently sinful or wrong based on ethical, religious, or humanitarian grounds.