. Five years ago, Red Go Inc. earned $2.70 per share. Its earnings this year were $3.20. What was the growth rate in earnings per share (EPS) over the 5-year period? a. 3.46% b. 4.11% c. 2.73% d. 3.08% e. 3.53%

g = 3.46%

Explanation:

From the question, we are given the information that five years ago, Red Go Inc. earned $2.70 per share and that it's earnings this year were $3.20.

The growth rate in earnings per share (EPS) over the 5-year period will be 3.46%

Check the attachment for the solution.

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20