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2. What annual interest rate would cause $100 to grow to $119.10 in 3 years? Show your calculations/inputs. 3. If a company's sales are growing
2. What annual interest rate would cause $100 to grow to $119.10 in 3 years? Show your calculations/inputs. 3. If a company's sales are growing at a rate of 9% annually, how long will it take sales to double? Show your calculations/inputs. 4. What is the future value of a 25-year annuity due with $700 beginning-of-year payments if the annual interest rate is 2% compounded monthly? Show your calculations/inputs
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