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

Why where people dissatisfied with Hinduism
HELP ME!!!!!!!!!!!!!
how do i solve this fraction; 42/5 × 55/3
I need to know th steps and answer
according to Hawthorn, what are Puritan women like?
Which of the following were invented during the high Middle Ages
is 2 a solution of 3x-4<2?
As a student what is our contribution towards blind people?
Research has shown that neurogenesis in adult rats can be enhanced by:
Rebecca, a department manager, has been dealing with two workers in her department who do not get along. due to family problems for both employees, today they h