problem1: Sims inc. earned 1.00 dollar per share in 2000. 5 years later, in 2005. It earned 225 dollars. Determine the growth rate in Sims' earnings per share [EPS] over the five year period?
problem2: You want to buy a condo five years from now, and you plan to save 3,200 dollar per year, beginning one year from today. You will deposit die money in an account that pays 6 percent interest. How much will you have just after yon make the 5th deposit, five years from now?