Download Rule Of 72 Worksheet Answers Images. Round answers to two decimal places. Worksheet will open in a new window.
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Rule of 72 worksheet answer key mychaume part 3. Rule of 72 refers to an approximate approach of determining that how much time long term investment will take in getting double value at the fixed rate. 72 ÷ 15 = 4.8%.
Rule of 72 using the rule of 72, answer the following questions.
The rule number (e.g., 72) is divided by the interest percentage per period (usually years) to obtain the approximate number of periods required for doubling. Printable in convenient pdf format. Guide to rule of 72 formula. An easy formula & quick worksheet for smart investors.
