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What else can I help you with?
How many years in investing would it take to double your principle?
If the interest rate was eight percent, it would take about 9 years to double your principle.
What is 6.7 percent as a rate?
6.7 percent as a rate = 6.7%
What is the length of time required before a 1000000 deposit will double if the interest rate is 10 percent?
There's a rule of thumb for "double your money" problems: Time = 70/interest rate, so in this case approx 7 years.
What is rule 72?
How long it will take for your money to double/divide the annual interest rate into 72.
Is 01 wrote out in percent as 01 percent?
No, 0.01 is not written as 0.01% in percent rate. 0.01 in percent rate is 1%.
How long will it take for prices to double if there is a three percent rate of inflation?
Prices will double in approximately 24 years with a three percent rate of inflation.
How long will it take to double your money at 8 percent interest rate and continuous compounding?
Nine years at 8%
Using the Rule of 72 how long will it take for a deposit to double in size using an interest rate of 9 percent?
8 years.
How long would it take 100 to double 5 percent?
As a rough guide to double any amount compounded annually, divide 70 by the interest rate. In this case that is 14 years.
If a population has a growth rate of 2.5 percent how long will it take to double?
To calculate the doubling time of a population with a growth rate of 2.5 percent, you can use the Rule of 70. The Rule of 70 states that you divide 70 by the growth rate to determine the doubling time. In this case, 70 divided by 2.5 equals 28. Therefore, it would take approximately 28 years for the population to double with a growth rate of 2.5 percent.
Using the rule of 72 how long will take for a deposit to double size using an interest rate of 9 percent?
72/9 ie 8 years
How long would it take 600 to double at 5.04 percent?
To double takes, don't ask me why, 70/x years where x is the interest rate, so 14 years give or take a month or two.
Given a growth rate of 3 percent per year how long will it take for a population of 100000 individuals to double?
It will take approximately 23 years for a population to double with a growth rate of 3 percent per year. This can be calculated using the rule of 70, where you divide 70 by the growth rate to find the doubling time. In this case, 70 divided by 3 equals 23.33, which can be rounded to 23 years.
How many years will it take for money to double at the effective rate of 8 percent?
9.0065 years.
What is Arizona usury rate?
The usury rate in Arizona is 10.0 percent as long as that rate was agreed to in writing. This does not apply to corporations since they do not have a special rate.
What interest rate do you need to double 500?
Any positive rate of interest - as long as you leave the money invested for long enough.
How long has the social security withholding rate been 6.2 percent?
1990
