Multiple Choice
Time to attain goal: Your uncle is looking to double his investment of $10,000. He claims he can get earn 14 percent on his investment. How long will it be before he can double his investment? Use the Rule of 72 and round to the nearest year.
A) 5 years
B) 14 years
C) 10 years
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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