25. What is the present value of Annmarie's $500 payment in one year when the discount rate is 5 percent? A 75.00 B. $476.19 C. $500.00 D. $525.00 26. Approximately how many years does it take Jairo to double a $300 investment when interest rates are 8 percent per year? A. 11 years B. 4.17 years C. 9 years 27. What annual rate of return is earned on Shamroze's $200 investment when it grows to $850 in 10 years? (Use TVM calculator) A. 3.25 percent B. 4.25 percent C. 13.47 percent D. 15.57 percent 28. How many years will it take Edmond's $100 to grow to $1,000 with an annual interest rate of 8 percent? (Use TVM calculator) A. 9.00 years B. 10.00 years C. 29.92 years D. 33.35 years 29. Assume Jean Baptiste borrows $5,000 today and will pay back the loan in one lump sum four years from today. She is charged 8 percent interest per year. What amount must be paid back and how much interest will accrue? AS56 ISIS CS 11. 11 30. Five years ago, Ariel's sales were S4 million. Today his company's sales are $10 million. What annual rate have sales been growing? A. 1.5 percent B. 12.65 percent C. 16.65 percent D. 20.11 percent