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1. Before beginning her college studies, Rita Rivera's parents deposited $ 15,000 in a 5-year certificate of deposit (CD) with Liberty Bank that pays 4%

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1. Before beginning her college studies, Rita Rivera's parents deposited $ 15,000 in a 5-year certificate of deposit (CD) with Liberty Bank that pays 4% interest. Rita will receive the money, plus interest, if she finishes her high school at the end of the 5 years. Determine the balance in Rita's account after 5 years. 2. Suppose a Puerto Rico government bond pays $ 3,255.80 within 4 years at 4% interest. Calculate the present value of the bond. Determine the value of the bond assuming it will mature in 6 years at 5% interest. 3. Determine the present value of $ 2,500,000 that will be paid after 25 years if the discount rate were 7%. 4. Suppose the US Federal Reserve offers a bond for $ 635.20 at 8 years of maturity. You won't have to issue payments until the maturity date, at which point you will receive $ 950. Calculate the interest rate if you decide to buy it. Determine the interest rate if you can buy it at a price of $ 555 5. Suppose that the Liver Corporation company earned $ 1.57 per share in 2010 and after 8 years, in 2018, the company earned $ 3.10. Determine the growth rate of earnings per share (EPS) over the 8 years

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