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If $18,000 is invested at 10% per year, in approximately how many years will the investment double: O 8.4 years 0 14.6 years 0 7.3
If $18,000 is invested at 10% per year, in approximately how many years will the investment double: O 8.4 years 0 14.6 years 0 7.3 years 0 11 years 1 point Sue was evaluating an investment opportunity which will pay her exactly $100,000 at some point in the future, when she realized that the appropriate interest rate is 10% rather than 8%. Since the cash flows of the investment did not change, Sue should: O Pay less in present value dollars for the investment O Pay the same amount in present value dollars for the investment O Cannot answer as we need information on number of years i.e., when cash flow will be received O Pay more in present value dollars for the investment 1 point What is the present value of $100,000 to be received in 7 years from now assuming interest rates are 10% per year: $64,145 $60,000 $51,316 $89.803
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