Building wealth takes time. Calculate the following using the Rule of 70. 1) What is the Rule of 70? 2) How many years w
Posted: Sun Jul 03, 2022 1:00 pm
Building wealth takes time. Calculate the following using the Rule of 70.
1) What is the Rule of 70?
2) How many years will it take for your assets to double with an investment of $26,000 dollars at a growth rate of 7%?
3) How many years will it take for your assets to double with an investment of $3 million dollars at a growth rate of 3%?
4) How many years will it take for your assets to double with an investment of $500,000 dollars at a growth rate of 1.9%?
5) How many years will it take for your assets to double with an investment of $425 dollars at a growth rate of 4%?
6) How many years will it take for your assets to double with an investment of $60,500 dollars at a growth rate of 2%?
7) How many years will it take for your assets to double with an investment of $7 dollars at a growth rate of 6%?
1) What is the Rule of 70?
2) How many years will it take for your assets to double with an investment of $26,000 dollars at a growth rate of 7%?
3) How many years will it take for your assets to double with an investment of $3 million dollars at a growth rate of 3%?
4) How many years will it take for your assets to double with an investment of $500,000 dollars at a growth rate of 1.9%?
5) How many years will it take for your assets to double with an investment of $425 dollars at a growth rate of 4%?
6) How many years will it take for your assets to double with an investment of $60,500 dollars at a growth rate of 2%?
7) How many years will it take for your assets to double with an investment of $7 dollars at a growth rate of 6%?