The Rule of 72 Is a Rule of Thumb for Estimating

question 90

True/False

The Rule of 72 is a rule of thumb for estimating the interest rate necessary to double your money,given a period of time.

---

Definitions:

Foot-In-The-Door Technique

A persuasion strategy where a person is led to agree to a small request first, making them more likely to later agree to a larger request.

Deindividuation Mob

A psychological state characterized by diminished self-consciousness, disinhibition, and conformity to group norms and actions, often in a group or crowd context.

Conformity Compliance

The act of matching attitudes, beliefs, and behaviors to what is perceived as normal within a society or group.

Obedience Factors

Variables or aspects that influence the degree to which individuals comply with orders or directives from authorities.