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Use the rule of 72 (72/F=T) to calculate how long it will take for your money to double if it's earning 6% in interest: - It will take 12 years to double. Use the information above to answer the following question: What can you tell about Asim's finances? - She is $25 in debt. What type of interest will most benefit you financially? - Compound interest + a stock. Give examples of types of savings vehicles? (May be more than one) - -Savings account -Money market account -Certificate of deposit Use the above figure to answer the following: The first set of numbers () on the check represents the: - Routing number Use the above figure to answer the following: The set of numbers (101) on the top-right of the check represents the: - Check number Which type of bank account typically offers no interest? - Checking account Which forms of borrowing typically have the highest fees? - Payday lender Which types of payment types typically has the lowest fees or cost to use? - -Debit card -Prepaid