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Wendy has lent $5,000 dollars her friend Bebe Bebe has promised to repay Wendy by paying her $7,500 in 5 years. What interest rate is

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Wendy has lent $5,000 dollars her friend Bebe Bebe has promised to repay Wendy by paying her $7,500 in 5 years. What interest rate is Wendy making on her loan to Bebe? Select one a Less than 6% b. Between 6% and 7 c. Between 7% and 8% d. Between 8% and 9% e. Greater than 9 How many years would it take you to accumulate $1,000,000 if you saved $350 per month and received a 7.3% return on your investment over the entire period? Select one: a. Less than 35 years b. Between 35 and 38 years c. Between 38 and 41 years d. Between 41 and 44 years e. More than 44 years

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