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Government, public sector and non-profits

A national fund invests in a battery plant

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The prompt

A fictional national fund invests SAR 2 billion in a local electric vehicle battery plant. It expects to receive SAR 4 billion back after 8 years, and the plant should create 3,000 jobs. The fund requires a return of 8 percent a year. Is the return enough? Use the rule of 72: money doubles in about 72 divided by the yearly return (in percent) years.

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