One of the nice properties of the rule of 70 is that it simply approximates how long it will take for a variable to double, but it is dependent on the level of the variable.

Name: One of the nice properties of the rule of 70 is that it simply approximates how long it will take for a variable to double, but it is dependent on the level of the variable.
Brand: Quizplus
Rating: 5.0 (27 reviews)

Question

Quizplus · Accepted Answer

The rule of 70 estimates how long it will take for a variable to double based on its growth rate, not on the level of the variable.

One of the Nice Properties of the Rule of 70