According to the rule of 70, a stock portfolio growing at a rate of 14% will double approximately every ______ years.
A) 5
B) 10
C) 20
D) 40
Correct Answer:
Verified
Q152: Which statement is TRUE?
A) One should avoid
Q153: Because stock indexes offer higher returns than
Q154: How long will it take an investment
Q155: According to the rule of 70, a
Q156: Which statement is TRUE?
A) In the long
Q158: What rule of thumb generates the number
Q159: The principle of compounding implies that:
A) we
Q160: Approximately how many years will it take
Q161: The risk-return trade-off refers to the fact
Q162: What is the risk-return trade-off?
A) Assets with
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents