I will rate Approximately how long will it take to double your money if you get...

I will rate

Approximately how long will it take to double your money if you get a 5.5%, 7.5%, or 9.5% annual return on your investment? Verify the approximate doubling period with the time value of money equation.

Fill in the missing annuity in the following table for an ordinary annuity stream.

Number of Payments or Years	Annual Interest Rate	Future Value	Annuity Payment	Present Value
5	9%	0		$25,000.00
20	8%	$25,000.00		0
30	7%	0		$200,000.00
10	4%	$96,048.86		0

Expert Solution

I have computed only the values of Missing annuity payments as it was asked only.

jeff jeffy answered 10 months ago

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