Question: 2) Using the rule of 72, determine the approximate time it will take $1,000 to double given the following annual interest rates. a) 5.5% b)

2) Using the rule of 72, determine the approximate time it will take $1,000 to double given the following annual interest rates. a) 5.5% b) 10.0% c) 30.0% d) 2.0% e) 4.5%

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