Rule Of 72 Personal Finance Worksheet Answers

Rule Of 72 Personal Finance Worksheet Answers

Click here to print this worksheet. Use this interactive quiz and worksheet to test your knowledge of the rule of 72 in finance.


Simple Interest Simple Interest Simple Interest Activity 7th Grade Math

How the rule of 72 works.

Rule of 72 personal finance worksheet answers. View wk 6 activity rule of 72 2 1 from finance 1100 at university of missouri. Please show your work. View rule of 72 activity 5 2 19 docx from personal finance 210 at lumberton senior high.

The rule of seventy two and basic personal saving. Use the rule of 72 to. L a e fund turn mine type nd n a me.

Rule of 72 example. This rule of thumb helps you compute when your money or any unit of numbers will double at a given interest growth rate. Start studying personal finance.

Rule of 72 by kent eberspacher teacher wyoming teacher directions go over the rule of 72 and do a few sample problems. 72 6 interest 12 years 72 10 years 7 2 interest students will need the internet to complete the first two columns of the activity. How long will it take to double doug s investment.

Using the rule of 72 answer the following questions. According to the rule of 72 how. Learn vocabulary terms and more with flashcards games and other study tools.

For example if you want to know how long it ll take to double your money at 9 interest divide 9 into 72 and get 8. The average stock market return since 1926 has been 11. At 10 money doubles every 7 2 years and when you divide 7 2 by 10 you get 72.

The rule of 72 economics worksheet. For example the rule of 72 states that 1 invested at an annual fixed interest rate of 10 would take 7 2 years 72 10 7 2 to grow to 2. Rule of 72 by kent eberspacher teacher wyoming 1 2 chapter.

The printable worksheet can serve as a study guide. Managing your money rules of 72. Doug invested 2 500 into a certificate of deposit earning 6 5 interest.

The rule states that you divide the rate expressed as a. Printable worksheet scroll down to print social studies economics money and personal finance. It prints as two pages or as one double sided sheet.

It pays to save. The rule of 72 is a shortcut to estimate the number of years required to double your money at a given annual rate of return. 1 14 3 a1 worksheet rule of 72 name chariti smith date may 2 2019 directions.


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