Question: 43 Future value tables Use the future value interest factors in Appendix Table A1 in each of the cases shown in the following table to

4–3 Future value tables Use the future value interest factors in Appendix Table A–1 in each of the cases shown in the following table to estimate, to the nearest year, how long it would take an initial deposit, assuming no withdrawals,

a. To double.

b. To quadruple.

Case Interest rate A 7% B 40 C 20 D 10

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