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Bob has $2,500 invested in a bank that pays 6.8% annually. How long will it take for his funds to double? 10.64 years 9.06 years 10.54 years 10.96 years 8.64 years Your Aunt Ruth has $520,000 invested at 6.5%, and she plans to retire. She wants to withdraw $40,000 at the beginning of each year, starting immediately. How many years will it take to exhaust her funds, i.e., run the account down to zero? a. 24.79 b.25.04 c. 23.29 d. 29.55 e. 25.79 QUESTION 5 Five years ago, Weed Go Inc, earned $2.30 per share. Its earnings this year were $3.20. What was the growth rate in earnings per share (EPS) over the 5-year period? 6.83% 7.58% 6.55% 6.35% 7.72% QUESTION 6 Suppose you invest $100 right now and it earns the following interest rates each year: 8%, 9%, -5%, 8%, -2%, 7%, 3%. Find the arithmetic average return of this investment. 4.35% 4.00% None of these 3.87% 30.45%