10A. If the price of a $1,000 face value bond is $950.10, how is this price quoted?

95.1

1,000

100

950.1

95.01

10B. You plan to save $550 at the end of Year 1, $700 at the end of Year 2, and $800 at the end of Year 3. If you can earn 3.5 percent on your savings, how much will you have saved at the end of year 3?

$1,961.83

$2,050.00

$2,113.67

$2,141.67

$2,187.65