Lesson 1
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✓ Answer Key
1.
The Rule of 72 tells you
B) How many years it takes for money to double at a given interest rate
2.
The two factors making up 65% of your credit score are
A) Payment history and credit utilization
3.
The key difference between productive and consumptive debt is
C) Productive debt finances assets with returns exceeding borrowing costs; consumptive debt finances things already consumed
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