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Maria has an opportunity to invest $16800 she inherited from her great aunt. She wants to know how long it would take to double her

Maria has an opportunity to invest $16800 she inherited from her great aunt. She wants to know how long it would take to double her money. The best investment rate she has found offers an 8% interest rate. Using the Rule of 72, calculate how long it would take the $16800 to double at a rate of 8% in interest?

7 years.

8 years.

9 years.

6 years.

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