Rita Puts $10,000 into to Two Different Assets

question 183

Multiple Choice

Rita puts $10,000 into to two different assets.The first pays 10% and the second pays 5%.According to the rule of 70,what is the approximate difference in the value of the two assets after 14 years?

• A)$12,000
• B)$14,000
• C)$17,000
• D)$20,000

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