A Useful Rule of Thumb Called the "Rule of 70 $\times$

question 48

Multiple Choice

A useful rule of thumb called the "Rule of 70" states that if something grows at a constant rate of Z percent per year,it doubles in size approximately every __________ years.

• A) 70 - Z
• B) 70/Z
• C) Z/70
• D) 70\(\times\) (Z/100)

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Definitions:

Product Placement

A marketing strategy where branded goods or services are placed in a context usually devoid of ads, such as movies, TV shows, or news programs.

Advertisement

A public promotion of a product, service, or message designed to attract or inform consumers.

Disclosure

The action of making new or secret information known.

Advertising

A form of communication intended to persuade an audience to purchase or take some action upon products, ideals, or services.