The rule of 70 applies to a growing savings account but not to a growing economy.

Name: The rule of 70 applies to a growing savings account but not to a growing economy.
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Quizplus · Accepted Answer

The rule of 70 applies to both a growing savings account and a growing economy, as it is a way to estimate the number of years required for an investment or economy to double in size at a constant annual growth rate.

The Rule of 70 Applies to a Growing Savings Account