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1-8 1, James now has $500. How much would he have after 6 years if he leaves it invested at 7.0% with annual compounding? a.

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1, James now has $500. How much would he have after 6 years if he leaves it invested at 7.0% with annual compounding? a. $570.28 b. $892.93 c. $727.85 d. $750.37 e. $697.84 How much would $20,000 due in 50 years be worth today if the discount rate were 7.5%? a. $618.45 b. $656.09 C. $451.74 d. $537.78 e. $661.47 3. Five years ago, Roundup Inc. earned $2.70 per share. Its earnings this year were $3.20. What was the growth rate in earnings per share (EPS) over the 5-year period? a. b. c. 3.46% 4.11% 2.73% 3.08% 3.53% e. Pam has $5,000 invested in a bank that pays 6.2% annually. How long will it take for her funds to triple? a. 13.70 years b. 18.26 years C. d. 19.36 years e. 22.10 years 15.16 years You plan to invest in securities that pay 11.2%, compounded annually. If you invest $5,000 today, how many years will it take for your investment to grow to $9,140.20 a. b. 6.36 5.63 4.60 5.85 5.68

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