Assume that you are nearing graduation and that you have applied for a job with a local bank.As part of the bank's evaluation process, you have been asked to take an examination that covers several financial analysis techniques.The first section of the test addresses TVM analysis.See how you would do by answering the following questions:We sometimes need to find how long it will take a sum of money to grow to some specified amount.For example, if a company's sales are growing at a rate of 20% per year, approximately how long will it take sales to triple?

We sometimes need to find how long it will take a sum of money to grow to some specified amount.For example, if a company's sales are growing at a rate of 20% per year, approximately how long will it take sales to triple?