What is the Rule of 72 and what is it used to calculate?

What will be an ideal response?

The Rule of 72 is a simple equation that shows the number of years you will need to double your money based on a given interest rate. The equation states that the number of years to double your money equals 72 divided by the interest rate (as a percent).

Business

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All of the following are true of an effective system of corporate governance except:

A. the system must be continually monitored especially with changes in management and the board. B. a single system of effective corporate governance applies to all firms worldwide. C. there are a number of common characteristics of all sound corporate governance structures

Business

What type of panel would be used to determine how consumers feel about two different product concepts by varying panel questions from one panel measurement to the next?

A) inquisitional panel B) discontinuous panel C) population panel D) continuous panel E) repeatability panel

Business