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You have invested $2,000 in an account that promises a 2 percent APY. Assuming you leave the original investment and all earned interest in the
You have invested $2,000 in an account that promises a 2 percent APY. Assuming you leave the original investment and all earned interest in the account, and ignoring taxes, estimate how long will it take to double your money? (Hint: Use the rule of 72)
36 years
18 years
72 years
9 years
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