Type or paste question here

7) If a project promises to return 5% per year, how long will it take for you to double your money? (Ch 5) 8) If the 1-year interest rate is 7% this year, and the following 1-year interest will be 10%, how much money will you have after 2 years if you invest $1,000 today? (Ch 5) 9) If the 1-year interest rate is 10% this year, and the following 1-year interest will be 20%, how much total holding period return will you have generated after 2 years if you invest $1,000 today? (Ch 2) 10) You take out a loan for a $10,000 with 7% annual interest. This loan must be paid in 10 equal payments. How much of the first annual payment will go towards paying down the principal? (Ch 5) 11) What are the key features of Sole Proprietorships? (Ch 1) 12) Byron Books Inc. recently reported $10 million of net income. Its EBIT was $30 million, and its tax rate was 30%. What was its interest expense? (Ch 3)