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.
- Which box is the lightest?
What is the position of box X with respect to box S?
A is the mother of B. B is sister of C. C is husband of E. D is brother of E. F is the father of D. How is A related to E?
Who among the following lives to the south east of W?
I. B
II. X
III. V
What is the weight of the Corn box?
What is the code of ‘work when’?
which of the following group represents the females in the group?
Which of the following income does Esha have
Which of the following statements is true?
Which of the following box is kept just below the box which contains guava?