week6
meme3Five years ago, Weed Go Inc. earned $1.25 per share. Its earnings this year were $2.00. What was the annual growth rate in earnings per share (EPS) over the 5-year period?
60.00%
9.86%
12.00%
8.15%
You have a chance to buy an annuity that pays $2,500 at the end of each year for 3 years. You could earn 5.5% on your money in other investments with equal risk. What is the most you should pay for the annuity?
Answer
$6,087.21
$6,407.59
$6,744.83
$5,493.71
Sue currently has $250. How much would she have after 8 years if she invested the money at 8.5% with compounding?
Answer
$400.00
$443.56
$480.15
$584.82
14 years ago
3
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