The following resources may help you locate the website you are looking for: Complete the form below to access exclusive resources for teachers. How many years it will take an investment to double at a given interest rate using compounding interest 2. The interest rate an investment must earn to double within a specific time period 4. 5% interest rate at age 22, how many times will her investment double be age 70? Upload your study docs or become a. Please show your work. Thanks for joining our community! How long will it take to double your investment in the stock market if the average return is 11%? 2 = 5 times the investment will double. Preview of sample rule of 72 worksheet answer key pdf. 37 Government Bond 5. The resource you requested has moved or is not available.
Name Date RULE OF 72 DIRECTIONS: Using the Rule of 72, answer the following questions. Is only an approximation 2. Family Economics & Financial Education --- Revised March 2009 --- Saving Unit --- Rule of 72 Answer Key --- Page 3 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at The University of Arizona. A Beginner's Guide to Securing Your Financial Future. 72/6=12 years investment will double 52-28 = 24 years for investment to grow 36/12 = 3 times the investment will double. Building Wealth in the Classroom. What can we Determine Using the Rule of 72? 03 times the investment will. Taxable Account: 6% x (1 - 33%) = __4___% interest after taxes. 23 Small Company Stock 12. 168. created from synthetically prepared organic compounds Depending upon the end use.
Success message here. Protecting wealth with basic insurance. What interest rate will Jacob need to double his investment of $5, 000 in 4 years? Teach students about: - Setting financial goals.
Tax Deferred Account: = 72% 6. 2 years investment will double 36-7 = 29 years for investment to grow 29/7. Which account should he invest in? Start with a FREE Teacher Account to unlock NGPF's teachers-only materials! 69 Savings Account 2. If you've reached this page in error, please contact us and let us know what happened and we will do our best to correct the page. Explore this site for tools that facilitate personal financial education in the high school or college classroom. Tax deductions are not included within the equation. If Rhonda invests $2, 500 in a U. S. Treasury Note with a 7. 12 Large Company Stock 11. Years to doubleinvestment 12. 00 Original Price $45. 2 years investment will double. 95 Money Market Account 2.
Doug invests $2, 500 in a Certificate of Deposit earning 6. Interest earned is reinvested 5. How long it will take debt to double if no payments are made 3. 72/4 = 18% interest must be earned 5.
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