For questions 7 - 10 you must show me the work so the inputs to the formula in order to get credit. For example, it must look something like this - PV = 100/(1 +.08)5 = 146.93. If it is difficult to do on Word, then write it on a piece of paper and submit a picture of the paper. 7. Suppose a U.S. government bond promises to pay $3,000 three years from now. If the going interest rate on a 3-year government bond is 5%, how much is the bond worth today? 8. What if the rate on the bond above changed to 7%? How much would the bond be worth today? 9. You have $7,000 to invest in a 2-year certificate of deposit (CD) that pays 8% interest compounded annually. How much will you have when the CD matures? 10. You have $6,000 to invest in a 5-year certificate of deposit (CD) that pays 10% interest compounded annually. How much will you have when the CD matures