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Earn +20 ptsQ: What does doubling rate mean?
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Continue Learning about Math & Arithmetic
How long it takes for your savings to double at a compound interest rate is called?
Rather obviously, it is called doubling time.
What factors make doubling time decrease?
The rate of growth and, unless the relationship is exponential, the frequency of each growth cycle.
Interest rate is 5 percent and doubling time is 14.2 years If you have invested 7000.00 In how many years will you have 14000.00?
14.2 years
What are 3 ways that a growth rate may be stated or expressed?
doubling time, percentage of growth per year, and birthrate per female
What are the ways that a growth rate may be stated or expressed?
It may be stated as a doubling time, a birthrate per female, or a percentage of growth per year
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