The Financial Intelligence Group
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10/23/2024
07/08/2024
It's Money Smart Monday, here's the question and answer below in the comments section:
The Rule of 72 says that if you divide 72 by an investment’s non-decimal interest rate (e.g., 10 rather than 0.1), the answer will tell you how many years it will take for your investment to double in value.
1. True
2. False
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