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Davi currently has $ 1 0 , 0 0 0 saved for a new car that she plans to buy for $ 4 0 ,

Davi currently has $10,000 saved for a new car that she plans to buy for $40,000 in 3 years. She believes she can earn an annual return of 6.36 percent. How much does Davi need to save each month for 3 years to have exactly enough in 3 years to pay for her car if she makes her next savings contribution later today? Vigdis owns one bond A and one bond B. The total value of these two bonds is $2,100. Bond A pays semi-annual coupons, matures in 6 years, has a face value of $1000, and pays its next coupon in 6 months. Bond B pays annual coupons, matures in 17 years, has a face value of $1000, has a yield-to-maturity of 7.00 percent, and pays its next coupon in one year. Both bonds have a coupon rate of 7.60 percent. What is the yield-to-maturity for bond A? Answer in decimal format, rounded to the nearest hundredth of a percent (for example, 1.23% would be entered as 0.0123).

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