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9 February, 10:30

Yuri invests $2,000 in an account with compound interest at 6%. Maria invests $3,500 in an account with compound interest at 4%. Using the rule of 72, T=72/R how many years with it take Yuri and Maria to double their money?

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  1. 9 February, 12:48
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    B Yuri’s money will double in approximately 12 years, and Maria’s money will double in approximately 18 years.
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