Question: FINISH EACH PART FOR A THUMBS UP. YOU WILL NOT RECIEVE A THUMBS UP UNLESS EACH PART IS DONE. THANKS! Using the rule of 72,
FINISH EACH PART FOR A THUMBS UP. YOU WILL NOT RECIEVE A THUMBS UP UNLESS EACH PART IS DONE. THANKS!


Using the rule of 72, approximately how many years are needed to double a $500 investment when interest rates are 10 percent per year? (Round your answer to 2 decimal places.) Period years What is the value in year 3 of a $700 cash flow made in year 6 if interest rates are 10 percent? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Value in year 3 What is the future value of $500 deposited for one year earning an 8 percent interest rate annually? (Do not round intermediate calculations. Enter your answer as a whole number.) Future value
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