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You plan to invest in securities that pay 8.0 percent, compounded annually. If you invest $5,000 today. How many years will it take for your

You plan to invest in securities that pay 8.0 percent, compounded annually. If you invest $5,000 today. How many years will it take for your Investment to grow to $9.80618?
Twelve years ago. The Lanyard Company earned $0.50 per share. Its earnings this year were $2.86. What was the growth rate In eamings per share (EPS) over the 12-year period?

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