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The Rule of 72 Allows One to Calculate the Approximate

question 83

True/False

The Rule of 72 allows one to calculate the approximate time needed to double an investment.


Definitions:

Contagion Theory

A social theory suggesting that ideas, attitudes, and emotions can spread through populations similarly to infectious diseases.

Gustave Le Bon

A French social psychologist best known for his work on crowd psychology and the study of the characteristics and behavior of crowds.

Type A

A personality type characterized by competitiveness, high ambition, aggressiveness, impatience, and a sense of urgency, which may be associated with stress and heart disease.

Relaxed

A state of physical or mental ease, lacking tension or anxiety.

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