According to the Rule of 70,if the Interest Rate Is

question 38

Multiple Choice

According to the rule of 70,if the interest rate is 10 percent,about how long will it take for the value of a savings account to double?

• A)about 6.3 years
• B)about 7 years
• C)about 7.7 years
• D)about 10 years

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Definitions:

Regular School System

Denotes the traditional educational setup designed for the majority of students, including standard curriculum, schedules, and grading practices.

Equilibrium

A state of balance or stability within a system, achieved through equal action of opposing forces or factors.

Self-awareness

The conscious knowledge of one's own character, feelings, motives, and desires, enabling introspection and understanding of one's self.

Expressing

The process of conveying thoughts, feelings, or information to others, whether through verbal language, writing, or other forms of communication.