If you are retiring in 18 years and you are investing $25,000, what percentage rate of return do you need to double your money by the time you retire?( Remember if you know the years before retirement then divide that into 72)

4%

Explanation:

The Rule of 72 allows us to calculate the number of years it would take for an investment to double.

It works by dividing 72 by the rate to find the number of years.

Number of years = 72/ rate

As we are looking for the rate, the formula becomes:

Number of years = 72/ rate

Rate * Number of years = 72

Rate = 72 / Number of years.

Rate = 72 / 18

= 4%

abolish

do away with

unanimous

in complete agreement

secede

separate; break free

inauguration

starting a new position with a formal ceremony.

cooperationist

people who wanted the north to cooperate with the south

surrender

to give up

volunteer

perform a service for free

draft

involuntary service in military

retreat

withdraw; move away from enemy

advisor

expert who gives advice

explanation: