Sheldon Cooper has $40,000 to invest for 10 years. He wants to double his money in that

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Sheldon Cooper has $40,000 to invest for 10 years. He wants to double his money in that time. Using the rule of 72, calculate the rate hell need to earn to achieve that goal.

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Apr 07, 2024 02:53 PM

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Sheldon Cooper has $40,000 to invest for 10 years. He wants to double his money in that

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Answer The rule of 72 can help estimate the interest rate Sheldon needs t... View the full answer

Personal Finance

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