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Rita puts $10000 into two different assets. The first pays $10, and the second hand pays 5%. According to the rule of 70, what is
Rita puts $10000 into two different assets. The first pays $10, and the second hand
pays 5%. According to the rule of 70, what is the approximate difference in the value
of the two assets after 14 years?
a. $12000
b. $14000
c. $17000
d. $20000
CORRECT ANSWER IS D BUT SHOW THE PROCESS PLEASE
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