How much would $1,250 due in 50 years be worth today if the discount rate were 7.5% ? Select the correct answer. a. $31.81 b. $26.41 c. $28.21 d. $30.01 e. $33.61 Brockman Corporation's eamings per share were $3.50 last year, and its growth rate during the prior 5 years was 6.6% peryear. If that growth rate were mainitained, bow many years wookd it take for Brockman's EPS to tuple? Select the correct answer. a. 11.19 b. 1719 c. 19.19 d. 1319 e. 15.19 Your friend offers to pay you an ammaity of $7.300 at the end of each year for 3 years in retum for cash today. You cosld earn 5.5% on your noney in other investments with equal risk. What is the most you should pay for the annuity? Select the correct answer. a. $19,70131 b. 51960ses.51 e. $19,30771 d. 1669491 e. 399 14.11 A new investment opportunity for you is an annulty that pays $1,600 at the beginning of each year for 3 years. You conld earn 5.5% on your money in other investmes with equal risk. What is the most you should pay for the annuity? Select the correct answer: a. 54,514,11 6.54,494.11 c 34.53411 4. \$4,S4.11 e 54,554,11 What's the present value of $12,000 discounted back 5 years if the appropriate interest rate is 9%, compounded semiannually? Select the correct answer. a. 57,720.33 b. $7,747.53 c. $7.727.13 d. $7,733.93 e. 57,740.73 American Express and other credit card issuers must by law print the Annual Percentage Rate (APR) on their monthly statements. If the APR is stated to be 11.75%, with interest paid monthly, what is the card's EFF\%? Select the correct answer. a. 21.40% b. 9.40% c. 18.40% d. 12.40% e. 15.40% Billy Thornton borrowed $25,000 at a rate of 7.25%, simple interest, with interest paid at the end of each month. The bank uses a 360 -day year. How much interest would Billy have to pay in a 30 -day month? Select the correct answer. a. $154.04 b. $152.54 c. $148.04 d. $149.54 e. $151.04