Suppose you have $1,325 and plan to purchase a 5 -year certificate of deposit (CD) that pays 3.5% interest, compounded annually. How much will you have when the CD matures? $1.557.95 51.573.68 $1.463.53 $1.731.05 $1.841.21 You deposit $700 today in a savings account that pays 6% interest, compounded annually. How much will your account be worth at the end of 25 years? $3,424,91 $2.703.88 $3,274.70 $3,004,31 $2.613.75 Last year Dania Corporation's sales were $525 million. If sales grow at 9.6% per year, how large (in millions) will they be 8 years later? $841.66 \$1.093.06 $1.300.74 $994.68 51,114,92 What is the PV of an ordinary annuity with 5 payments of $9,300 if the appropriate interest rate is 4.5% ? $37.968.91 $40.418.52 $51.033.48 $40,826.78 $30,620.09 Last year Thomson Inc's earnings per share were $3.50, and its growth rate during the prior 5 years was 10.0% per year. If that growth rate were maintained, how many years would it take for Thomson's EPS to triple? (Note: EPS is calculated annually.) 11 yeats 13 years 12 years 9 years 14 years Jose now has $500. How much would he have after 6 years if he leaves it invested at 6.2% with annual compounding? 5710.15 5602.55 $738.85 $717.33 5638.42 What is the PV of an ordinary annuity with 10 payments of $7,900 if the appropriate interest rate is 5.5% ? $57.760.83 $55,378,94 $47,637.80 $48,233.27 $59,547.24 How much would $5,000 due in 10 years be worth today if the discount rate were 5.5% ? $3.102.78 $2,927.15 $3,395.50 $2.722.25 $2,575.89