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Double your wealth. Kant Miss Company is promising its investors that it will double their money every 6 years. What annual rate is Kant Miss

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Double your wealth. Kant Miss Company is promising its investors that it will double their money every 6 years. What annual rate is Kant Miss promising? Is this investment a good deal? If you invest $450 now and Kant Miss is able to deliver on its promise, how long will it take your investment to reach $28,000 ? Using the Rule of 72 , what annual rate is Kant Miss promising? 12% (Round to the nearest whole percentage.) Using the time value of money equation what annual rate is Kant Miss promising? \% (Round to two decimal places)

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