8. Ten years ago, Lucas Inc. earned S0.50 per share. rate in carnings per share (EPS) over the 10-year period? Its earnings this year were $6.20. What was the growth a. 26.91% b. 27.77% c. 28.63% d. 21.76% 29.78% e. 9 Janice has$5,000 invested in a bank that pays 52% annually. How long will it take for her funds to tripe? a. 25.36 years b. 21.67 years c. 26.22 years d. 19.72 years e. 20.59 years You plan to invest in securities that pay 6.2%, compounded annually. If you invest $5,000 today, how many years will it take for your investment to grow to $9,140.20 a. 8.82 b. 7.92 c. 11.63 d. 10.03 e. 11.53 You want to buy a new sports car 3 years from now, and you plan to save $7,400 per year, be from today. You will deposit your savings in an account that pays 5.2% interest. How much will you have just after you make the 3rd deposit, 3 years from now? a. $26,646.83 b. $19,400.76 c. $24,776.87 d. $23,374.41 e. $22,205.69 ginning one year You want to quit your job and go back to school for a law degree 4 years from now, and you plan to save $6,400 per year, beginning immediately. You will make 4 deposits in an account that pays 5.7% interest. Under these assumptions, how much will you have 4 years from today? a. $22,980.31 b. $22,685.69 c. $26,221.12 d. $29,461.93 e. $31,524.26