Answered: Approximately how long will it take to…

Approximately how long will it take to double your money if you get an annual return of 3.6%, 6.3%, or 9.1% on your investment?

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter1: Understanding Personal Finance

Section: Chapter Questions

Problem 9DTM

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Double your

money—Rule of 72.

Approximately how long will it take to double your money if you get an annual return of 3.6%, 6.3%, or 9.1% on your investment?

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