Question: Question 1 (10 points) The interest rate is 24% per year compounded quarterly. Use two different methods (One of them has to be Rule of

 Question 1 (10 points) The interest rate is 24% per year

Question 1 (10 points) The interest rate is 24% per year compounded quarterly. Use two different methods (One of them has to be Rule of 72) to calculate how many years it will take to double your investment. (The answers from two methods do not have to be exactly same)

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