Question 50 (Mandatory) (0.5 points) To compute the present or future value of an annuity due, one computes the value of an ordinary annuity and then: O multiplies it by (1 +). O divides it by (1 + ). O multiplies it by (1 - 1). divides it by (1 - 0). Question 46 (Mandatory) (0.5 points) How many years will it take $1 million to grow to $3 million with an annual interest rate of 7 percent? O 16.24 Years 0 33.33 Years O 10.29 Years O 14.52 years Question 45 (Mandatory) (0.5 points) What annual rate of return is earned on a $5,000 investment when it grows to $7,000 in six years? 5.77 percent 40.00 percent 5.45 percent 1.40 percent Question 44 (Mandatory) (0.5 points) Approximately how many years does it take to double a $300 investment when interest rates are 8 percent per year? O 9 Years O 11 Years 04.17 Years O 0.11 Years