Xavier puts $7,000 into each of two different assets. The first asset pays 14 percent interest and the second pays 7 percent. According to the rule of 70, what is the approximate difference in the value of the two assets after 10 years?
A)$3,500
B)$7,700
C)$11,900
D)$14,000

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The Answer of Xavier puts $7,000 into each of two different assets. The first asset pays 14 percent interest and the second pays 7 percent. According to the rule of 70, what is the approximate difference in the value of the two assets after 10 years?
A)$3,500
B)$7,700
C)$11,900
D)$14,000

Xavier Puts $7,000 into Each of Two Different Assets