QUESTION 16 An investment advertisement boasts you can double your money. If the interest rate is 7.0%, how long would it take? QUESTION 17 SCENARIO: You were working for Rolling Hills when you became injured on the job. The Rolling Hills Company offers you one of three settlement options to choose from. The discount rate is 6% Option 1: $400,000 today Option 2: $60,000 each year for the next 10 years, or Option 3: $600,000 in 10 years Provide the answer for OPTION 1 (in this format x,xxx.xx) QUESTION 18 SCENARIO: You were working for Rolling Hills when you became injured on the job. The Rolling Hills Company offers you one of three settlement options to choose from. The discount rate is 696 Option 1: $400,000 today Option 2: $60,000 each year for the next 10 years, or Option 3: $600,000 in 10 years Provide the answer for OPTION 2 in this format X,XXX.XX) QUESTION 19 SCENARIO: You were working for Rolling Hills when you became injured on the job. The Rolling Hills Company offers you one of three settlement options to choose from. The discount rate is 696 Option 1: $400,000 today Option 2: $60,000 each year for the next 10 years, or Option 3: $600,000 in 10 years Provide the answer for OPTION 3 (in this format x,xxx.xx) QUESTION 20 SCENARIO: You were working for Rolling Hills when you became injured on the job. The Rolling Hills Company offers you one of three settlement options to choose from. The discount rate is 6% Option 1: $400,000 today Option 2: $60,000 each year for the next 10 years, or Option 3: $600,000 in 10 years Provide the answer for WHICH WOULD YOU CHOOSE (WRITE: 1, 2, or 3)