1. If you can earn 6% per year, how much would you have to invest today to be able to purchase the car in #3 in two years? In five years?

A.) 24,066; 22,729

B.) 25,060; 27,550

C.) 22,080; 24,007

D.) 22,729; 24,066

2. If your investment doubles in 6 3/4 years, what approximate annual rate of return would you have earned? If you could earn an annual rate of 7.50%, approximately how long would it take for your investment to double?

A.) 9.60%; 10.67 years

B.) 10.67%; 9.60 years

C.) 13.50%; 9.20 years

D.) 9.20%; 13.50 years