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the rule of 72 provides a quideline for detemining how ong it takes your money to double this rule can also be used to detemine your earning rate if your money is expected to double in 12 years what is your rate of return.
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Asked 10/21/2011 11:23:48 PM
Updated 3/21/2025 8:49:31 AM
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User: the rule of 72 provides a quideline for detemining how ong it takes your money to double this rule can also be used to detemine your earning rate if your money is expected to double in 12 years what is your rate of return.

Weegy: 35%
Expert answered|son1515|Points 345|

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Asked 10/21/2011 11:23:48 PM
Updated 3/21/2025 8:49:31 AM
1 Answer/Comment
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Rate of Return = 72 / Number of Years to Double.
Given that the money is expected to double in 12 years, the calculation would be:
Rate of Return = 72 / 12 = 6%
Therefore, the rate of return on your investment would be 6%.
Added 3/21/2025 8:49:31 AM
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There are three historical perspectives which were led by William James
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Updated 1/29/2025 9:13:24 AM
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Added 1/29/2025 9:13:24 AM
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