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please make sure this time correctly answers the questions. Question 18 8 pts If you can earn 6.5% per year in an investment account, how
please make sure this time correctly answers the questions.
Question 18 8 pts If you can earn 6.5% per year in an investment account, how many years will it take for an investment to quadruple in value? Round your answer to 2 decimal places. Question 19 8 pts Grant will receive a lottery payment of $2 million in 10 years. If the cost of capital is 10%, what is the present value of the payment? Round your dollar answer to 2 decimal placesStep by Step Solution
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