MCQOPTIONS
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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 | |