Using the Rule of 72, explain how small changes in growth rates can have a large effect

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Using the Rule of 72, explain how small changes in growth rates can have a large effect on a country's GDP over time.

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Jan 11, 2024 05:31 AM

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Using the Rule of 72, explain how small changes in growth rates can have a large effect

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The Rule of 72 is a simple formula used in finance that helps to estimate the number of years requir... View the full answer

Personal Finance

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