Value of land in an area is increasing

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Using the rule of 72. A) if the value of land in an area is increasing 6 percent a year, how long will it take for property values to double? B) If you earn 10 percent on investments, how long will it take for your money to double? C) At an annual interest rate of 5 percent, how long will it take for your savings to double?

Reference no: EM13720807

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