1)Suppose

$176

is deposited at the end of every

six months

into an account earning

4.3%

per annum compounded

monthly.

If the balance in the account is to be

$10,200,

how many deposits are needed?

Question content area bottom

Part 1

The number of deposits needed is

enter your response here.

Determine the purchase price at the indicated time before maturity of the following bond redeemed at par shown in the table below.

Par Value	Bond Rate Payable Semi-Annually	Time Before Maturity	Yield Rate	Conversion Period
$10,000	9%	6.5 years	10%	semi-annually

Question content area bottom

Part 1

The purchase price of the bond is

$enter your response here.

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)