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Your firm has earnings of $ 3 . 7 5 / share . Over 5 - years earnings will increase to $ 9 . 0

Your firm has earnings of $3.75/share. Over 5-years earnings will increase to $9.00. What is the earnings growth rate?
(Round to the nearest 110 percent.)
A.18.5%
B.19.1%
C.21.3%
D.15.7%
For two years (24 months) you deposit $500 at the beginning of each month. After 2-years you $13,000 in your account. If the bank compounds interest monthly, what annual interest rate will you have earned (multiply the monthly rate by 12 to get the annual rate)?
A.8.00%
B.8.82%
C.8.40%
D.7.62%

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