The rule of 70 can be stated as follows: A variable with a growth rate of X percent per year
A) doubles every 70/X years.
B) doubles every 701 - 1/X) years.
C) doubles every 70/X2 years.
D) doubles every 70/1 - X) years.

Question

Quizplus · Accepted Answer

The rule of 70 states that to find the number of years it takes for a variable to double, divide 70 by the growth rate as a percentage. Therefore, if the growth rate is X percent per year, it will take 70/X years for the variable to double.

The Rule of 70 Can Be Stated as Follows: a Variable