Question: 7) If a project promises to return 5% per year, how long will it take for you to double your money? (Ch 5) 8) If

7) If a project promises to return 5% per year, how long will it take for you to double your money? (Ch 5)

8) If the 1-year interest rate is 7% this year, and the following 1-year interest will be 10%, how much money will you have after 2 years if you invest $1,000 today? (Ch 5)

9) If the 1-year interest rate is 10% this year, and the following 1-year interest will be 20%, how much total holding period return will you have generated after 2 years if you invest $1,000 today? (Ch 2)

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