A few days ago
How do i use the Rule of 70?
How do i use the rule of 70 when my percentage of growth per year is 2%?
Top 2 Answers
A few days ago
Favorite Answer
You divide the rate of growth into 70. In this case it is 2%. So the answer is 35.
RULE 1: To determine the doubling-time (d) for an exponentially-growing quantity, divide the annual percentage rate of increase (p) into 70.
d = 70/p [Rule 1]
where:
d = the time it takes for the quantity to double in size;
p = the annual increase expressed as a percentage
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A few days ago
http://mmcconeghy.com/students/supscruleof70.html
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