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What does the rule of 72 show as an approximate number of years? Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a b С d the time to double when compounded annually the time to double when compounded semi-annually the time to double when compounded monthly the time to triple when compounded annually

What does the rule of 72 show as an approximate number of years? Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a b С d the time to double when compounded annually the time to double when compounded semi-annually the time to double when compounded monthly the time to triple when compounded annually

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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What does the rule of 72 show as an approximate number of years? Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a b n the time to double when compounded annually the time to double when compounded semi-annually the time to double when compounded monthly d the time to triple when compounded annually
Transcribed Image Text:What does the rule of 72 show as an approximate number of years? Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a b n the time to double when compounded annually the time to double when compounded semi-annually the time to double when compounded monthly d the time to triple when compounded annually
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