Question: 4.3 Future value tables Use the future value interest factors in AppendixTable A1 ineach of the cases shown in the table on the facing page

4.3 Future value tables

Use the future value interest factors in AppendixTable A1 ineach of the cases shown in the table on the facing page toestimate, to the nearest year, how long it would take an initialdeposit, assuming no withdrawals,

1. To double.

2. To quadruple.

Case

Interest rate

A

7%

B

40

C

20

D

10

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