Samantha Jee put $3,000 into a mutual fund yielding a 12 percent annual rate of return. Using the Rule of 72, calculate approximately how long it will take for the investment to double in value
A) Two years
B) Two years and four months
C) Six years
D) Seven years and four months
Answer: C
Business
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What is the best conclusion about the results from research on the trait, behavior, and
power-influence research? A) The findings from different approaches show substantial convergence. B) The findings are seldom statistically significant for any approach. C) The findings from different approaches are mostly inconsistent. D) Each approach is so unique that the findings cannot be compared.
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