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Question 76 - CTFA discussion

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Rule 72 is:

A.
A useful formula for estimating how long it will take to double a sum at a given interest rate
Answers
A.
A useful formula for estimating how long it will take to double a sum at a given interest rate
B.
A useful formula for estimating how long it will take to triple a sum at a given interest rate
Answers
B.
A useful formula for estimating how long it will take to triple a sum at a given interest rate
C.
A useful formula for estimating how long it will take to graphically represent the time value of money
Answers
C.
A useful formula for estimating how long it will take to graphically represent the time value of money
D.
A useful formula for estimating how long it will take to make the future value of deposited money
Answers
D.
A useful formula for estimating how long it will take to make the future value of deposited money
Suggested answer: A
asked 16/09/2024
Tom Starren
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