1.9. More practice with the rule of70: Suppose that instead, you put your money into a savings account that grows at an inflation-adjusted return of 2% per year. How many years will it take to be worth $20,000? $40,000? $160,000? (Note:

Bank deposits have grown at roughly this rate over the last 50 years in the United States.)

Value today: $10,000. Growth Rate: 2%

Number of years until money doubles: __ Number of years until money quadruples:

Number of years until your inheritance is 16X larger: __