Companies that manufacture goods must be cognizant of the costs that go into every component that makes up the finished product, including the cost of warehousing the products, the labor to make the ...
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Rule of 72: What it is and how to use it
Here’s how the Rule of 72 works: Divide 72 by your expected annual interest rate (as a percentage, not a decimal). The answer is roughly the number of years it will take for your money to double. For ...
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