Question: How long will it take $ 4 0 0 to double if it earns the following rates? Compounding occurs once a year. Round your answers

How long will it take $400 to double if it earns the following rates? Compounding occurs once a year. Round your answers to two decimal places.
7%.Find the present values of these ordinary annuities. Discounting occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent.
$900 per year for 12 years at 16%.
$
$450 per year for 6 years at 8%.
$
$700 per year for 6 years at 0%.
$
4200.00
Rework previous parts assuming they are annuities due.
Present value of $900 per year for 12 years at 16%: $
Present value of $450 per year for 6 years at 8%: $
Present value of $700 per year for 6 years at 0%: $
4200.00
year(s)
15%.
year(s)
21%.
year(s)
100%.
year(s)

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