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Problem 4-15 Rule of 72 (LG4-6) Using the rule of 72, approximately how many years are needed to double a $100 investment when interest rates
Problem 4-15 Rule of 72 (LG4-6) Using the rule of 72, approximately how many years are needed to double a $100 investment when interest rates are 8.75 percent per year? (Round your answer to 2 decimal places.) Period years
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