ing the Rule of 72, if it will take approximately 12 years for your money to double, at what annually compounded interest rate is it invested? 5) U A) 6% B) 8% C) 9% D) 12% Using financial calculator or Excel to solve the following that are time value of money problems (write the Excel function or calculator function with cach problem) Your daughter has been saving S500 a year for each of the last 10 years for her "sweet sixteen" party. How much is now in her party account (at the end of the tenth year) if she earned an annual rate of return of 6%? 6) 7) What is the annual interest rate earned on a deposit that grew from $250 to $502.84 over the last 5 years? A) 15% B) 13% C) 11% D) 9%