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8G, U4-L3: Bell Ringer

Quiz by Super 7 Girls

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Q 1/3
Score 0
According to the Rule of 72, if you invested money at a 4% interest rate, how many years would it take to double?
29
9 years
4 years
18 years

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3 questions

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Q1
According to the Rule of 72, if you invested money at a 4% interest rate, how many years would it take to double?
9 years
4 years
18 years
30s
Q2
When calculating how much interest you will earn in compound interest, you earn interest on the principal amount and the interest earned.
true
false
True or False
30s
Q3
Interest earned is called:
APY
Investment
APR
30s

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