Multiple Choice
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 take to double his investment? Use the Rule of 72 and round to the nearest year.
A) 5 years
B) 14 years
C) 10 years
D) 7 years
Correct Answer:
Verified
Correct Answer:
Verified
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