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How many years will it take $ 3 0 , 0 0 0 . 0 0 to turn into $ 1 2 0 , 0

How many years will it take $30,000.00 to turn into $120,000.00 at a rate of 3.6% per year (annual compounding)? Use the rule of 72 to approximate, then confirm that you are close using the appropriate finance function.

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