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1. |
In continuous compounding, the time it takes to double the sum grossly follow 'Rule of 69'. If it is changed to discrete compounding. the relevant rule of thumb is ______. |
A. | Rule of 69.3 |
B. | Rule of 72 |
C. | Rule of 84 |
D. | Rule of 64 |
Answer» C. Rule of 84 | |