Question: Approximately how many years are needed to double a $100 investment when interest rates are 4.75 percent per year? (Round your answer to 2 decimal

Approximately how many years are needed to double a $100 investment when interest rates are 4.75 percent per year?(Round your answer to 2 decimal places.)

What is the value in year 3 of a $680 cash flow made in year 7 if interest rates are 10 percent?(Do not round intermediate calculations and round your final answer to 2 decimal places.)

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