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The Time Value of Money 2. Using the rule of 72, approximate the following amounts a. If the value of land in an area is

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The Time Value of Money 2. Using the rule of 72, approximate the following amounts a. If the value of land in an area is increasing 6 percent a year, how long will it take for property values to double? b. If you earn 10 percent on your investments, how long will it take for your money to double

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