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QUESTION 6 Xavier puts $7,000 into each of two different assets. The first asset pays 14 percent interest and the second pays 7 percent. According

QUESTION 6

Xavier puts $7,000 into each of two different assets. The first asset pays 14 percent interest and the second pays 7 percent. According to the rule of 70,what is the approximate difference in the value of the two assets after 10 years?

a.$11,900

b.$7,700

c.$3,500

d.$14,000

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