hhh6425 hhh6425
  • 04-03-2019
  • Business
contestada

what ROI will you need to double your money in 12 years​

Respuesta :

MrCreighton
MrCreighton MrCreighton
  • 04-03-2019

The rule of 72 says  that to find the number of years required to double your money at a given interest rate, you just divide the interest rate into 72.

so in this equation we would use: 72/x=12 then you solve for X

X = 6%

So it would take approximately 6% ROI

Answer Link

Otras preguntas

What is the purpose of completing three trials?A. To be able to generate enough data in order to be able to publish your resultsB. To increase the accuracy of y
what areas of the world were colonized by european powers​
Help please I’m being very stupid
Help help help me first one
write a conclusion on how have these two authors expressed their relationships with nature after reading and analyzing “Calypso Borealis,” an essay by John Muir
Can anyone give me the paraphrase of the poem THE DAFFODILS of stanza number 2 and 3 .please please please... 2nd stanza: Continuous as the stars that shine An
Please Answer the question and show your work, Thx
Mendal found that crossing wrinkle seeded plants with pure round seeded plants produced only round seeded plants.What genotypic &phenotypic can be expected
ppplllzzz hhhheeelllllllpppppp​
write an opening paragraph on the opposing side of "Should college athletes be paid to play?" , using a hook, bridge, and thesis statement. PLEASE HELP