Find the term of the compound interest loan. (Round your answer to two decimal places.) 4.9% compounded quarterly to obtain $8800 from a principal of $2000.
Use the "rule of 72" to estimate the doubling time (in years) for the interest rate, and then calculate it exactly. (Round your answers to two decimal places.) 6% compounded annually. "rule of 72" , exact answer
Currently, the 1 year spot rate is 2% per year and the 2 year spot rate is 4% per year. What is the expected 1 year spot rate starting one year from today under the Pure Expectations Theory?