Which scenario had the higher periodic rate of return: "$1 grew to $2" or "$3 grew to $5"? Both investments were for the same length of time at the same compounding frequency. Justify your choice.

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The Answer of Which scenario had the higher periodic rate of return: "$1 grew to $2" or "$3 grew to $5"? Both investments were for the same length of time at the same compounding frequency. Justify your choice.

Which Scenario Had the Higher Periodic Rate of Return: "$1