Question: = Homework: Chapter 3 Homework Question 11, P3-29 (simil... Part 1 of 4 HW Score: 36.36%, 4 of 11 points O Points: 0 of 1

 = Homework: Chapter 3 Homework Question 11, P3-29 (simil... Part 1

= Homework: Chapter 3 Homework Question 11, P3-29 (simil... Part 1 of 4 HW Score: 36.36%, 4 of 11 points O Points: 0 of 1 Save Double your wealth. Kant Miss Company is promising its investors that it will double their money every 5 years. What annual rate is Kant Miss promising? Is this investment a good deal? If you invest $450 now and Kant Miss is able to deliver on its promise, how long will it take your investment to reach $35,000? Using the Rule of 72, what annual rate is Kant Miss promising? % (Round to the nearest whole percentage.)

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