1. You are considering selling a stock you own. The company has a constant growth rate of 4.6%. They just paid a dividend of $2.55. The stock has a required rate of return of 6.7%. What should the offer price of the stock be?

2. If you put $8,552 into an account with an annual return of 6%, how many years will it take to have $32,311 in the account if it compounds quarterly? (round to 2 decimals)

3. You had a crazy weekend in Las Vegas and spent $2375 on your credit card. Your credit card has an APR of 21% and you've decided to never use it again. If you make the minimum monthly payment $55 how many years will it take to payoff the balance? (Round to 2 decimals).