the first question is using rule 72: If the value of land in an area is increasing 6% a year, how long will it take for property values to double?my other question is computing time value of money using time values of money table: The future value of $450 six years from now at 7%.I do not understand how to figure these out with the tables or how to start solving them.

# the first question is using rule 72: If the value of land in an area is increasing 6% a year, how long will it take for property values to double?my other question is computing time value of money using time values of money table: The future value of $450 six years from now at 7%.I do not understand how to figure these out with the tables or how to start solving them.

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 5EB: A grocery store is considering the purchase of a new refrigeration unit with an Initial Investment...

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the first question is using rule 72: If the value of land in an area is increasing 6% a year, how long will it take for property values to double?

my other question is computing

I do not understand how to figure these out with the tables or how to start solving them.

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