Question

@countonme123

According to the rule of 72, if the GDP of the Apex Federation is growing at 1.7% per year, its economy will double in approximately how many years?

A. 41 years
B. 17 years
C. 42 years
D. 114 years

Answer 1

well what is rule 72 and GPD???

Answer 2

1.7%

Answer 3

no no no that is not enough information to solve the problem

Answer 4

im confused

Answer 5

According to the rule of 72,

what is this rule???

Answer 6

it will double

Answer 7

oh i found it

The rule number ( e.g., 72 ) is divided by the interest percentage per period to obtain the approximate number of periods (usually years) required for doubling.

Answer 8

so 72 divided by 1.7 =???

Answer 9

42.35...

Answer 10

round down

Answer 11

42

Answer 12

^_^