According to the rule of 70, a stock portfolio growing at a rate of 1.75% will double approximately every ______ years.
A) 5
B) 10
C) 20
D) 40

Name: According to the rule of 70, a stock portfolio growing at a rate of 1.75% will double approximately every ______ years. A) 5 B) 10 C) 20 D) 40
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Quizplus · Accepted Answer

The rule of 70 states that you can estimate the number of years it takes for an investment to double by dividing 70 by the annual growth rate. 70 / 1.75 ≈ 40 years.

According to the Rule of 70, a Stock Portfolio Growing