Using the rule of 70, select all of the following that are true. Group of answer choices A country with an annual population growth rate of 2% will double its population in 17.5 years. A job with a starting salary of $50,000 and a guaranteed annual raise of 2% will have a salary of $100,000 in 35 years. If the economic growth rate is 7%, per capita GDP will double in 10 years.

Over the past several years, joyce chen has been able to save regularly. as a result, today she has $54,188 in savings and investments. she wants to establish her own business in 5 years and feels she will need $100,000 to do so. a. if she can earn 6% on her money, how much will her $54,188 in savings/investments be worth in 5 years? will joyce have the $100,000 she needs? if not, how much more money will she need? b. given your answer to part a, how much will joyce have to save each year over the next 5 years to accumulate the additional money? assume she can earn interest at a rate of 6%. c. if joyce can afford to save only $4,000 a year then, given your answer to part a, will she have the $100,000 she needs to start her own business in 5 years?