The rule of 72 is used to approximate the time required for prices to double to...
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The rule of 72 is used to approximate the time required for prices to double to double due to inflation. If the inflation rate is r%, then the rule of 72 estimates that prices will double in 72/r years. for instance, at an inflation rate of 6%, prices double in about 72/6 or 12 years. compose a program to test the accuracy of this value for each interest rate from 1% to 20%, the program should display the rounded value of 72/r and the actual number of years required for prices to double at an r% inflation rate.(assume prices increase at the end of each year.) Could I get this code in visual basic please with a button and a listbox for the design. The rule of 72 is used to approximate the time required for prices to double to double due to inflation. If the inflation rate is r%, then the rule of 72 estimates that prices will double in 72/r years. for instance, at an inflation rate of 6%, prices double in about 72/6 or 12 years. compose a program to test the accuracy of this value for each interest rate from 1% to 20%, the program should display the rounded value of 72/r and the actual number of years required for prices to double at an r% inflation rate.(assume prices increase at the end of each year.) Could I get this code in visual basic please with a button and a listbox for the design.
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Heres a Visual Basic program that tests the accuracy of the rule of 72 for inflation rates from 1 to ... View the full answer
Related Book For
Finite Mathematics and Its Applications
ISBN: 978-0134768632
12th edition
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair
Posted Date:
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