Question: A. at an 8% interest rate how long does it take for a sum of money to double? B. If the present value of a

A. at an 8% interest rate how long does it take for a sum of money to double?

B. If the present value of a perpetuity is $6000 and the discount rate is 8% what is the amount of the annuity payments?

C. What is the rate of return on an investment if you lend $1000 and 2 years later are repaid $1254.70?

Please show work, thank you!

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