2, 000 1 = 0.0522 5. What was the holding period return in the preceding problem? (5) 350 0 2,000 - 1 =675 6. How many years would be needed for a $1200 investment to grow to $3000 if the annual return were 12%? (5) In ( 3000 1200 . 9163 In ( 1. 12 ) . 1 13 3 = 8. 1 yrs 7. What is the future value after 3 years of the deposits below if interest were 2%? (5) Year m Deposit $200 $400 $300 200 ( 1.02) 2 + 400 ( 1.02 ) + 360 = 916