The Rule of 72 is used to calculate what?
Second 9 weeks exam

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Other
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9th Grade
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Hard
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1.
FLASHCARD QUESTION
Front
Back
The amount of time it will take for an investment to double in value
2.
FLASHCARD QUESTION
Front
When planning one's personal budget, a variable expense is what?
Back
An expense that may change in amount from month to month
3.
FLASHCARD QUESTION
Front
When the federal government raises interest rates, which of the following is generally impacted positively for a consumer? checking account, savings account
Back
savings account
4.
FLASHCARD QUESTION
Front
Which investment is characterized by being insured by the FDIC or NCUA, having the lowest interest rate of all investments, and may limit the number of withdrawals per month?
Back
money market
5.
FLASHCARD QUESTION
Front
Using the simple interest formula, calculate the interest earned on $150 after one year at a 6% return rate.
Back
$9.00
6.
FLASHCARD QUESTION
Front
specific tasks or decisions expected to result from each agenda item, assigned to meeting participants for follow-up actions
Back
Action items
7.
FLASHCARD QUESTION
Front
meetings attended by participants from different locations; rely on video conferencing, audio calls or chat platforms
Back
Virtual Professional Meetings
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