Question
The rule of 72 can be used to give an estimate of the
time period in which an inves t ment amount can grow by ______ , given the annual rate of return.Solution
The rule of 72 is a simple way to determine how long an investment will take to double ( i.e. grow by 100%), 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. Â
If 50 percent of the families in a certain city subscribe to the morning newspaper, 65 percent of the families subscribe to the afternoon newspaper and ...
The 'Special Drawing Right (SDR)' is an international reserve asset created by:
What is the primary theme of India’s Union Budget 2024-25?"
The Mundell-Fleming framework studies (A) _____ , (B) _________ economies in a world with (C) _____ financial markets and (D) _____ capital mobility
Which among the following are the recommendations of the Urjit Patel Committee report on monetary policy?
I. Curtailment of the fiscal deficit.
Under the Bretton wood system, the long-term development assistance was to be provided by
-
IBRD
...
-
If rxy = 0.75, then ryx will be:
When a firm operates with excess capacity
Relevant for Exams:
