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Compound Interest ONQ

Compound Interest ONQ. 5 Questions Answer on a separate sheet of paper You may consult your notes . Get a calculator Thank You for following directions. 1 . Define dollar c ost a veraging. 2 . What is the r ule of 72 used to determine?. 3 . Why should you diversify your investments?.

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Compound Interest ONQ

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  1. Compound Interest ONQ 5 Questions Answer on a separate sheet of paper You may consult your notes. Get a calculator Thank You for following directions.

  2. 1. Define dollar cost averaging.

  3. 2. What is the rule of 72 used to determine?

  4. 3. Why should you diversify your investments?

  5. 4. Why would you still use dollar cost averaging when the stock market is down?

  6. 5. Diana finds an account that earns 10%. How much will her $1500.00 be worth at this rate in20 years?

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