A Florida state savings bond can be converted to $3,000 at maturity 9 years from now. If the state bonds are to be competitive with U.S. savings bonds, which pay 5% interest compounded annually, at what price will the state's bonds sell? At what price would the bond sell if U.S. savings bonds were paying 7% interest compounded annually? Compare your answers. . (Round If U.S. savings bonds were paying 5% interest compounded annually, the current price, PV, of the state bonds is $ to the nearest cent.)