Five years ago weed go inc earned 125 per share its

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1.Five 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?

a.60.00%

b.9.86%

c.12.00%

d.8.15%

 

2.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?

a.$6,087.21

b.$6,407.59

c.$6,744.83

d.$5,493.71

 

3.Sue currently has $250. How much would she have after 8 years if she invested the money at 8.5% with compounding?

a.$400.00

b.$443.56

c.$480.15

d.$584.82

Reference no: EM13451968

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