Rule of 70Rule of 70 is a short-cut method of an economy’s growth accounting which tells us that if an economy’s annual growth rate is g, its output/GDP will double in 70/g years. For example, if an economy grows by 2.3% constantly, rule of 70 tells us that its total product...
In addition, the rule of 70 applies only to amounts that have compounding growth. An example is an investment with compounding interest, which means interest is also earned on the interest added to the principal. This compounding process allows exponential growth, without which the rule of 70 w...
The Rule of 72 The rule of 72 is a simple method to determine the amount of time investment would take to double, given a fixed annual interest rate. To use the rule of 72, divide 72 by the annual rate of return. For example, assume an investor invests $20,000 at a 10% fixed a...
Rule 70There are some mathematical formulas which are used to calculate something very easily and quickly. One of these formula is called "Rule 70".Answer and Explanation: Rule of 70 is a mathematical formula that is used to calculate the number of years it takes a variable to double. In ...
Example Here’s an example table of the way a rule of 72 calculator works. As you can see, the first column represents the annual rate of investment that will be compounded at the end of every year. The second column shows the number of years it will take for the investment to double...
不啊，因为题目说的4倍是在你2010年的基础上的。by given，你的增长率一直都是10%，不是么？这是不变的，it is exogenous.so, to double the amount, 70/10=7 years(两倍)，保持10%增长，再翻上一番，公式仍然是70/10=7 years。所以是14年。
Specifically, 69 is the most precise parameter for continuous compounding, and 72 is a more accurate parameter for less frequent compounding and modest growth rates. But 70 is an easier number to calculate with, in general. Example of the Rule of 70 ...
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Example 2: Consider two resistors 10Ω and 20Ω are connected in a parallel with avoltage sourceof 50 V. Find out the magnitude of total current and the current flowing through each resistor in the parallel circuit. Given data: R1= 10Ω, R2= 20Ω and V = 50 V ...
As a general rule,all forms of activity lead to boredom when they are performed on a routine(常规)basis.As a matter of fact,we can see this(41)___at work in people of all(42)___.For example,on Christmas morning,children are excited about(43)___with their new toys.But their(44)...