Solve the following problems. Rule of 72, Simple Interest, & Future Value
Rule of 72
1. How many years does it take an investment to double earning 5%? Rule of 72
2. How many years does it take an investment to double earning 8%? Rule of 72
3. How many years does it take an investment to double earning 7.50%? Rule of 72
4. How many years does it take an investment to double earning 9%? Rule of 72
5. How many years does it take an investment to double earning 4%? Rule of 72