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5c. For $900? 10 N PMT PV FV US$0 US$900.00 US$1,000 6a. Roberts Corporation earned $0.70 per share in 1999. Ten years later, in 2009,
5c. For $900? 10 N PMT PV FV US$0 US$900.00 US$1,000 6a. Roberts Corporation earned $0.70 per share in 1999. Ten years later, in 2009, it earned $1.62. What was the growth rate in Roberts Corporation's earnings per share (EPS) over the 10-year period? N PMT 10 US$0 US$0.70 US$1.62 PV FV 6b. If EPS in 2009 had been $1.00 rather than $1.62, what would the growth rate have been? N PMT 10 US$0 US$0.70 US$1.00 PV FV 7a. How long would it take $1,000 to triple if it were invested in a bank that pays 6% per year? (Hint: For these type of problems use the "NPER" Function) PMT PV 6% US$0 US$1,000 US$3,000 FV
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