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What is the approximate number of years that it would take for an investment to double if the rate of return (interest) is 5 percent?
What is the approximate number of years that it would take for an investment to double if the rate of return (interest) is 5 percent? (Hint: Consider the Rule of 72.)
16.6 |
10.0 |
14.4 |
12.2 |
18.8 |
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