Question
The rule of 72 can be used to give an estimate of the
time period in which an investment amount can grow by ______, given the annual rate of return.ÂSolution
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.
The first grain used by humans was-
The concept of Sampoorna Kranti (Total Revolution) was given by
Consider the following statements regarding Miyan Tansen:
  (I) Tansen's birth name was Ramtanu Pandey.
  (II) Tansen originated the...
Where was the first Jain council convened?Â
Narendranath Dutt is the real name of which of the following Great Personalities of India?
The remains of an ancient civilization from around 4000 BC were discovered in:
Which region did Mirza Wajid Ali Shah rule as the eleventh monarch?
Which of the following social and educational reforms was/were introduced by Akbar?
1. He completely prohibited the practice of sati throughout t...
Identify the dam that is located in South India.
Which of the following is not correct with reference toVirashaivism?
Relevant for Exams:
