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QUESTION 2 1 points Save Answer You are currently investing your money in a bank account that has a nominal annual rate of 17 percent.

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QUESTION 2 1 points Save Answer You are currently investing your money in a bank account that has a nominal annual rate of 17 percent. How many years will it take for you to double your money? QUESTION 3 1 points Save Answer A real estate investment has the following expected cash flows: Year Cash Flows $10,000 2 $16,974 The discount rate is 8 percent. What is the investment's present value? 1 QUESTION 4 1 points Save Answer What is the present value (i.e. its current price) of a 5-year ordinary annuity with annual payments of $256, evaluated at a 3 percent interest rate? Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Save and Submit

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