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2017FS FINANC 2000 FIN 2000 FS2017 FS 2017 FINANCE apter 4 Time Value of Money 1 Question 3 (of 10) 3. 20 points 1.20 points

2017FS FINANC 2000 FIN 2000 FS2017 FS 2017 FINANCE apter 4 Time Value of Money 1 Question 3 (of 10) 3. 20 points 1.20 points Problem 4-15 Rule of 72 (LG6) a $100 investment when interest rates are 7 percent Approximately how many years are needed to double per year? (Round your answer to 2 decimal places.) References eBook & Resources Worksheet Problem 4-15 Rule of 72 (LG6) Difficulty: 1 Basic

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