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    You Have Been Offered an Investment That Promises to Double
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You Have Been Offered an Investment That Promises to Double

Question 45

Question 45

Multiple Choice

You have been offered an investment that promises to double your money every 9 years.Considering the rule of 72,what is your approximate rate of return on the investment?


A) 8%
B) 9%
C) 14%
D) 10%
E) 7.20%

Correct Answer:

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