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Double your wealth. Kant Miss Company is promising its investors that it will double their money every 4 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 4 years. What annual rate is Kant Miss promising? Is this investment a good deal? If you invest $200 now and Kant Miss is able to deliver on its promise, how long will it take your investment to reach $26,000? Using the Rule of 72, what annual rate is Kant Miss promising? % (Round to the nearest whole percentage.)

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