You can invest your money at a rate of 7% per year. At this rate it will take you just over ________ years to double your money. Use the Rule of 72 to determine your answer
A) 4
B) 10
C) 5.5
D) There is not enough information to answer this question.
Answer: B
Explanation: B) = 10.3 years via the Rule of 72.
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