RFP Philippines
Registered Financial Planner (RFP) Exam — Philippines
Time Value Of MoneyEnglish
Exam overviewPractice session
A client wants to know how long it will take for an investment of PHP 200,000 to double in value to PHP 400,000 if it earns a fixed annual compound interest rate of 8%. Using the Rule of 72, calculate the estimated number of years.
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