16. Bauer Bookstore sells books before they are published. Today, they offered the book Journeys in Finance for \$14.20, but the book will not be published for another two years. Upon publishing, the price of the book will be $24.00. What is the discount rate Bauer Bookstore is offering its customers for this book? 17. One of your professional goals is to one day earn a six-figure salary ($100,000). You hope to accomplish this objective within the next 30 years. Salaries grow at 3.75\% per year in your field of work. What beginning salary will you need in order to reach this 30 -year goal? 18. How much will $25,000 grow to in five years at a 5% annual rate that is compounded quarterly? 19. If Eisenberg Industries revenues have increased from $30 million to $90 million over a 10-year period, what has been their annual rate of growth? 20. If you are scheduled to receive $4,000 six years from today and the discount rate is 8.5%, what is the present value of this payment