e $529.28 7 How much would $15,000 due in 50 years be worth today if the discount rate were 75%? a. $488.04 b. $310.57 c $463.84 d. $403.34 e. $395.27 8. Ten years ago, Lucas Inc. earned S0.50 per share. Its eanings this year were $6.20. What was the growth rate in earnings per share (EPS) over the 10-year period? 26.91% 27.77% 28.63% 21.76% 29.78% a. b. c. d. e. Janice has $5,000 invested in a bank that pays 52% annually. 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 SS000 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 9, How long will it take for her funds to triple ? 0. d. 10.03 e. 11.53 You want to buy a new sports car 3 years from now, and you plan to save $57,400 per year, beginning one year You will deposit your savings in an account that pays 5.2% interest. How much will you have from today. 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 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!mmediately. 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