Rule of 72 as a short cut method is explained by the formula:
Tap an option to check your answer.
✅ Correct answer: A. 72 divided by the annual interest rate
Option A : 72 divided by the annual interest rate
Option B : Annual interest rate dividend by 72
Option C : 72 divided by (annual interest rate multiplied by discount factor)
Option D : None of these
Option E :
Correct Answer : 72 divided by the annual interest rate
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