1- If the future value of an ordinary, seven-year annuity is $6,000 and interest rates are 7.5 percent, what is the future value of the same annuity due? 2- Approximately how many years does it take...

Extracted text: 1- If the future value of an ordinary, seven-year annuity is $6,000 and interest rates are 7.5 percent, what is the future value of the same annuity due? 2- Approximately how many years does it take to double a $600 investment when the interest rate is 9 percent per year? 3- What annual rate of return is earned on a $5,000 investment when it grows to $9,000 in five years? 4-You wish to buy a $26,000 car. The dealer offers you a four-year loan with a 7 percent APR. What are the Annual payments? 5- What is the value in year 13 of a $250 cash flow made in year 3 if interest rates are 12 percent 974 7,676 8. 56,678.2 32.64% 34.2% 12.5% 800 776.5 6,450