Question: Your client currently has ( $ 5,000 ) and they need it to grow to ( $ 10,000 ) in 5 years. Assuming they add

Your client currently has \\( \\$ 5,000 \\) and they need it to grow to \\( \\$ 10,000 \\) in 5 years. Assuming they add no more money to their fund, what rate of return would they need to earn, if using the rule of 72 approach? \\( 10.3 \\% \\) \\( 14.9 \\% \\) \\( 14.4 \\% \\) \\( 8.0 \\% \\)

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