Question: 7. How long will it take for $2,000 to grow to $50,000 at an interest rate of 11% per year? 8. Using the rule of

7. How long will it take for $2,000 to grow to

7. How long will it take for $2,000 to grow to $50,000 at an interest rate of 11% per year? 8. Using the rule of 72 (or 69), calculate how long it would take to double your money if you can earn 15% per year. Check your answer using your calculator

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