1. Sam and Randy each take out a loan for $5460. Sam's loan has an annual rate of 18.6% with semi-annual compounding (twice per year). Randy's loan has the same annual rate, but it uses continuous compounding. How many months does Randy need to wait in order to have the same debt that Sam will have after 91 months?
2. Marble Trading plans to pay an annual dividend of $3.36 this year, and the stock currently sells for $91.08 per share. If the discount rate is 8.97 percent, what is the dividend growth rate in percent?