Question: A trader boasts that he's earned at least a 25% return each year for the last 8 years. If he started with $100,000, using the
A trader boasts that he's earned at least a 25% return each year for the last 8 years. If he started with $100,000, using the rule of 72, estimate how much principle he currently has?
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The rule of 72 is a quick way to estimate the doubling time for an investment given ... View full answer
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