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Use the Rule of 72 Using the rule of 72, calculate how quickly $4,000 will double to $8,000 at interest rates of 3 percent, 5

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Use the Rule of 72 Using the rule of 72, calculate how quickly $4,000 will double to $8,000 at interest rates of 3 percent, 5 percent, 6 percent, 9 percent, and 11 percent. Round your answers to one decimal place Interest rate, % Period (years) 3 5 6 9 11

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