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Bob has $2,500 invested in a bank that pays 6.6% annually. How long will it take for his funds to double? a. 10.85 years b.12.04

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Bob has $2,500 invested in a bank that pays 6.6% annually. How long will it take for his funds to double? a. 10.85 years b.12.04 years O c.9.44 years O d.11.17 years O e. 12.80 years What's the future value of $4,500 after 5 years if the appropriate interest rate is 6%, compounded semiannually? a. $4,777.62 O b. $6,047.62 OC. $4,959.05 O d. $4,656.67 O e. $5.321.91 You sold a car and accepted a note with the following cash flow stream as your payment. What was the effective price you received for the car assuming an interest rate of 13.092 0 2 3 4 CES: SO $1,000 $2.000 $2,000 $2.000 O a. 54,304 O 5.55.064 OC. 55,672 0.85.267 e.S6.330

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