Using the Rule of 72, if an investment took 18 years to double in value, what was the simple interest earned?
回答 (1)
2016-11-06 7:54 pm
Just divide:
72 / 18 = 4
Answer:
4% per year (though it would be compound interest, not "simple" interest.
72 / 18 = 4
Answer:
4% per year (though it would be compound interest, not "simple" interest.
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