Question
Which of the following accounting rules can roughly
estimate how many years a given sum of money must earn at a given compound annual interest rate in order to double that initial amount.Solution
The Rule of 72 is a simple way to determine how long an investment will take to double given a fixed annual rate of interest. By dividing 72 by the annual rate of return, investors obtain a rough estimate of how many years it will take for the initial investment to duplicate itself. However the Rule of 72 is reasonably accurate for low rates of return.
If a manufacturing company does not adhere to CGMP regulations :
Which asexual fruiting body is produced by Helminthosporium?
Which of the following pair is not correct?
A scheme in which the Centre transfers an amount of Rs 6,000 per year, in three equal installments, directly into the bank accounts of all landholding f...
Given below are two statements
Statement I: Synoptic weather forecasts are popular all over the World, because complex atmospheric equations ...
Which mango variety yields on an average 16 t/ha and about 1600 plants
can be accommodated in one hectare
Wilting of seedlings (also called kresek) is a damaging symptom of which disease in rice?
When farmer retains a smaller quantity of the crop than his actual requirements for family and farm needs then:
1 Gray(Gy) =
Formation of soil is called
