Problem 7-11 Sove Submit m ent for Grading Check My Work remaining) eBook Problem 7-11 You purchase a stock for $25 and expect its price to grow annually at a rate of 9 percent. Use Appendix A to answer the questions. Round your answers to the nearest cent. a. What price are you expecting after five years? b. If the rate of increase in the price doubled from 9 percent to 18 percent, would that double the increase in the price Doubling the growth rate Select the price appreciation. The increase in the price at 9% is and at 10% is -Select- more than doubles less than doubles doubles Check My Work remaining) Own Rey See Problem 7-11 Interest Factors for the Future Value of One Dollar Time Period (e. year 1.010 1.020 1.030 1.041 1.051 2% 1.020 1.040 1.061 1.082 1.104 3% 4% 5% 1030 1040 1050 1.061 1082 1.102 1.093 1.125 1.158 1.126 1.170 1.216 1.159 1.217 1.276 1060 1.124 1.191 1.262 1.338 1070 1.145 1.225 1.311 1.403 1080 1166 1260 1360 1.469 1.062 1.072 1.083 1.094 1.105 1.126 1.149 1.172 1.195 1.219 1.194 1.230 1.267 1.305 1.344 1.265 1.316 1.369 1.423 1.480 1.340 1.407 1477 1.551 1.629 1.419 1.501 1.504 1.606 1.594 1.718 1.689 1.838 1.791 1.967 1.587 1.714 1.851 1.999 2.159 Bow wou 1.116 1.127 1.138 1.149 1.161 1.243 1.268 1.294 1.319 1.346 1.384 1.426 1.469 1.513 1.558 1.539 1.710 1.601 1796 1.665 1.886 1.732 1.980 1.801 2.079 1.898 2.105 2.012 2.252 2.133 2.410 2.261 2.579 2.397 2.759 2.332 2.518 2.720 2.937 3.172 1.090 1.100 1.120 1140 11881.210 1150 1160 1.254 1180 1300 1200 1.295 1322 1346 1.331 1.405 1482 13121440 1521 1.412 1561 1.464 1643 1.574 728 16811749 1811 1.539 1999 1611 2074 1.762 1925 2011 2.100 2.288 2.488 1.677 1.772 1974 2.195 2.313 2.436 2.700 2.986 1.828 1.949 2.211 2.502 2.660 2.826 3.186 3.583 1.993 2.144 2476 2.853 3.059 3.278 3.759 4300 2.172 2.358 2.773 3.252 3.518 3.803 4.436 5.160 2.367 2.594 3.106 3.707 4.046 4411 5.234 6.192 2.580 2.853 3.479 4.226 4,652 5.117 6.176 7.430 2.813 3.138 3.896 4.818 5.350 5936 1261 8916 3.066 3.452 4.363 5.492 6.153 6.886 3.559 10.699 3.342 3.797 4.887 6.261 7076 7988 10.147 12.839 3.642 4.177 5.474 7.1388.137 9.266 11973 15.407 3.970 4.595 6.130 8.137 9.358 10.748 14.129 18.488 4.328 5.054 6.866 9.276 10.761 12.468 16.672 22.186 5.560 4.717 7690 10.575 12.375 14.463 9.673 265.623 6.116 5.142 8.613 12.056 14.232 16.777 23.214 31948 5.604 6.728 9.646 13.143 16.357 19.461 27.393 38.337 8.623 10.835 17.000 26.462 95.396 32.919 40.8462.688 13.268 232.70 29.960 50 950 17449 66.212 85.850 1.370 1.173 1.184 1.196 1.208 1.220 1.373 1.605 -1.873 2.183 1.400 1.653 1.948 2.292 1.428 1.702 2.026 2.407 1.457 1.754 2.107 2.527 1.486 1.806 2.191 2.653 1.641 2.094 2666 3.386 1.811 2.427 3.243 4.322 2.540 2.952 2.693. 3.159 2.854 3.380 3.026 3.617 3.207 3.870 3.426 3.700 3.996 4.316 4.661 6.848 10.063 1.282 1.348 4 292 5.427 5.743 7.612 30
