the \rule of 72\ is an easy way to determine how\n○ much a loan will cost at a specific rate of interest.\n○…

the \rule of 72\ is an easy way to determine how\n○ much a loan will cost at a specific rate of interest.\n○ much money will be earned from stock dividends.\n○ often the price of stocks will change.\n○ long it will take for savings to double at a specific rate of interest.

the \rule of 72\ is an easy way to determine how\n○ much a loan will cost at a specific rate of interest.\n○ much money will be earned from stock dividends.\n○ often the price of stocks will change.\n○ long it will take for savings to double at a specific rate of interest.

Answer

Brief Explanations:

The Rule of 72 is a well - known financial rule. It is calculated by dividing 72 by the annual interest rate (as a percentage) to estimate the number of years it takes for an investment or savings to double.

Answer:

long it will take for savings to double at a specific rate of interest.