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An investment promises a payoff of $195 two and one-half years from today. At a discount rate of 7.5% per year, what is the present
An investment promises a payoff of $195 two and one-half years from today. At a discount rate of 7.5% per year, what is the present value of this investment? $162.03 $162.75 $169.47 O There is not enough information to answer this question. QUESTION 17 What annual rate of return must you earn to double your money in about 9 years? Use the Rule of 72 to determine your answer. You would need to earn an annual rate of return of about 12% You would need to earn an annual rate of return of about 10%. You would need to earn an annual rate of return of about 8%. There is not enough information to answer this question. QUESTION 18 If you invest $3,650 today, how much money will you have in 4 years? $3,650 $4,437 This question cannot be answered because it is missing an annual rate of return. This question cannot be answered because it is missing the type of investment made
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