UN NION BAUD 510 Organizational Finance Assignments Chapter 9 Problem 9-1 If you invest $500 today in an account that pays 6 percent interest compounded annually, how much will be in your account after two years? Problem 9-3 What is the present value of $1.552.90 due in 10 years at ( 1 ) a 12 percent discount rate and (2) a 6 percent rate? Problem 9-4 To the closest year, how long will it take a \$200 investment to double if it earns 7 percent interest? How long will it take if the investment ears 18 percent? (Note: use the Rule of 72 )