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Just final answers Your aunt is about to retire,...

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Finance

Just final answers
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Your aunt is about to retire, and she wants to sell some of her stock and buy an annuity that will provide her with income of $61,000 per year for 30 years, beginning a year from today. The going rate on such annuities is 7.25%. How much would it cost her to buy such an annuity today? $738,323.42 $701,407.25 $642,341.38 $819,539.00 $649,724.61 Master Card and other credit card issuers must by law print the Annual Percentage Rate (APR) on their monthly statements. If the APR is stated to be 21.00%, with interest paid monthly, what is the card's EFF%? 28.24% 17.59% 23.14% 22.45% 21.06% Ten years ago, Lucas Inc. earned $0.50 per share. Its earnings this year were $1.60. What was the growth rate in earnings per share (EPS) over the 10-year period? 1) 9.99% 12.46% 12.21% 12.33% 15.17%

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