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From your original investment, you doubled your money in 12 years. What approximate annual rate of interest did you earn during those 12 years? (pick

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From your original investment, you doubled your money in 12 years. What approximate annual rate of interest did you earn during those 12 years? (pick closes answer choice) 08% 07% O 6% 5% O 4% Question 2 (4 points) How long will it take for a starting amount of $50,000 to grow to $99.628 if the starting amount is earning 9% annually? 6 years 7 years 08 years 09 years 10 years Question 3 (4 points) Saved The Present Value Interest Factor (PVIF) is the reciprocal of the Future Value Interest Factor (FVIF). True False

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