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Use the rule of 72 to solve this problem. Ron and Amie invested $5,000 in an Education Savings Account for their daughter when she was
Use the rule of 72 to solve this problem.
Ron and Amie invested $5,000 in an Education Savings Account for their daughter when she was born. They were unable to add anything else to the account. What was the rate of return if they had $10,000 in the account after 12 years? Enter the answer as a percentage. Example 4 percent would be entered as 4%
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