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Using the rule of 7 2 , approximate the following amounts. Look up Rule of 7 2 online. a . If the value of land

Using the rule of 72, approximate the following amounts. Look up Rule of 72 online.
a. If the value of land in an area is increasing 7 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?
c. At an annual interest rate of 5 percent, how long will it take for your savings to double?

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