How much faster does it take for a $10,000 investment to increase to $20,000 if the average annual growth rate is 14% compared to 7%?
A) At 14%, the investment will double two years faster.
B) At 14%, the investment will double three years faster.
C) At 14%, the investment will double four years faster.
D) At 14%, the investment will double five years faster.
Correct Answer:
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