(12 of 22) You have an opportunity to invest $500 and receive $550 in two years. What annual rate of return is this investment offering LO4 4.56% O 3.50% 5.83% 04.88% 113 of 22) You just deposited $500 in on account that pays 6% interest per year. How long will it take for your money to doublo to $1.0002 Assume you do not make any other deposits and just lot interest accumulato Round your answer to the nearest year and solect the closest answer. 104 O 10 years o 12 years 9 years o 14 years (14 of 22) You expect to have to pay $10.000 in five years for home repairs. How much would you have to deposit today to havo $10,000 saved if your account pays 5% interest? Assume you will make one deposit today and then let intorost accumulate until you have $10,000 saved. LO4 O $7.998.36 $7.952.12 37.771.95 $7,835.26