2A Q4

Part 1

Calculating the Number of Periods [LO4] Solve for the unknown number of years in each of the following:

Present Value	Years	Interest Rate	Future Value
$ 560		6%	$ 1,389
810		9	1,821
18,400		11	289,715
21,500		13	430,258

pt 2

Calculating the Number of Periods [LO4] At 7.3 percent interest, how long does it take to double your money? To quadruple it?

please specify answers for part 1 & 2