0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is the formula for double growth annuity rate?
It is called the rule of 72. You take the interest rate you will be receiving and divide that number into 72. the answer will be the number of years it will take you to double your money at that interest rate.
What is rule 72?
How long it will take for your money to double/divide the annual interest rate into 72.
Solve using the rule of 72 rate equals 4 percent years equals 18 fv equals 8000 solve for pv?
Solve, using the Rule of 72 rate = 4%, years = 18, fv=$8,000. Solve for PV. Formula: PV = $1/(1+r) t PV = $8000/(1+.04) 18 PV = $8000/2.0258 3949.03 = $8000/2.20258
What does formula mean math?
formula- a rule or principle, frequently expressed in algebraicsymbols.
Who came up with the rule of 72?
Benjamin Franklin came up with this equation.
What is the best definition of the rule 72?
The best definition for 72 is the number before 73 and after 71.
What is the formula for double growth annuity rate?
It is called the rule of 72. You take the interest rate you will be receiving and divide that number into 72. the answer will be the number of years it will take you to double your money at that interest rate.
Who discovered the rule of 72?
Albert Einstein
How long did asoka rule?
72 years
What states a rule using variables?
A Formula
What is a rule in excel?
it is a formula
What are the release dates for The Girl's Guide to Depravity - 2012 Rule 72 The Unavailable Rule 1-10?
The Girl's Guide to Depravity - 2012 Rule 72 The Unavailable Rule 1-10 was released on: USA: 30 March 2012 Japan: 15 September 2012
What is 72 over A in simplest form?
72/A in its simplest form is 72/A, and that is all it ever can be, unless we have a formula that tells us what number 'A' is equal to.
What is a set of symbols that expresses a mathematical rule?
Formula
What is rule 72?
How long it will take for your money to double/divide the annual interest rate into 72.
Solve using the rule of 72 rate equals 4 percent years equals 18 fv equals 8000 solve for pv?
Solve, using the Rule of 72 rate = 4%, years = 18, fv=$8,000. Solve for PV. Formula: PV = $1/(1+r) t PV = $8000/(1+.04) 18 PV = $8000/2.0258 3949.03 = $8000/2.20258
How long does Oxycontin stay in urine?
As a general rule.....72 hours.
