Comparing simple and compound interest and rule of 72


Question: As a consultant, a client is asking you about simple and compound interest, and "Rule of 72". Compare and contrast simple and compound interest and describe why this is important. Also, your client wants to know more about "Rule of 72". How would you define this rule and discuss whether this is an accurate and useful rule. Use resources from the virtual library to support your stance. Do not solely rely on your opinion. Your client wants an objective assessment.

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Other Management: Comparing simple and compound interest and rule of 72
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