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.
Select the related number from the given alternatives.
82: 160 :: 36: ?
Select the option in which the numbers are related in the same way as are the numbers in the given set.
Given set: (150, 157, 178)
76 is related to 114 following a certain logic. Following the same logic, 48 is related to 72. To which of the following numbers is 84 related to, foll...
Select the set of numbers that is similar to the following set:
(24, 31, 37)
Select the option that is related to third number-cluster in the same way first number cluster is related to second number-cluster.
81: 65 :: 7...
Given set:[24, 16, 0]
Select the combination of numbers that when placed sequentially in the blanks of the given series will complete the series.
6 _ 2 3 _ 1 _ _ 8 ...
Select the option that is related to third number-cluster in the same way first number cluster is related to second number-cluster.
94: 97 ...Select the option that is related to the third number in the same way as the second number is related to the first number.
63: 5103 :: ? : 9802.
Select the option in which does not share the same relationship as that shared by the given pair of numbers.
16 : 102
