Question 9) Find the compound amount and the amount of interest earned by the deposit below. $2,000 at 4.39% compounded continuously for 3 years.

What is the compound amount? $______ (Do not round until the final answer. Then round to the nearest cent.)

Question 10) Find the face value of the zero-coupon bond. 20-year bond at 4.1% ;price $2000

The face value will be $____. (Do not round until the final answer. Then round to the nearest dollar as needed.)

Question 11) Find the face value of the zero-coupon bond. 20-year bond at 6.05%; price $9200

The face value of the zero-coupon bond will be $___.(Do not round until the final answer. Then round to the nearest dollar as needed.)

Question 12) Find the APY corresponding to the following nominal rate. 7% compounded semiannually

The APY is_____%. (Type an integer or a decimal. Round to the nearest hundredth as needed. Do not round until the final answer)

Question 13) Find the APY corresponding to the following nominal rate. 2% compounded quarterly

The APY is ____%.(Type an integer or a decimal. Round to the nearest hundredth as needed. Do not round until the final answer.)

Question 14) Find the present value (the amount that should be invested now to accumulate the following amount) if the money is compounded as indicated. $13,538.28 at 6.8% compounded annually for 8 years

The present value is $____.(Do not round until the final answer. Then round to the nearest cent as needed.)

Question 15) Find the present value (the amount that should be invested now to accumulate the following amount) if the money is compounded as indicated. $7700 at 9% compounded quarterly for 8 years

The present value is$____. (Do not round until the final answer. Then round to the nearest cent as needed.)

Question 16) A zero-coupon bond with a face value of $17,000 and a 4.3% interest rate (compounded semiannually) will mature in 6 years. What is a fair price to pay for the zero-coupon bond today?

A fair price to buy the bond at would be $____. (Do not round until the final answer. Then round to the nearest cent as needed.)

Question 17) A bond with a face value of $2000 and a 3.9% interest rate (compounded semiannually) will mature in 20 years. What is a fair price to pay for the bond today?

A fair price to buy the bond at would be $____.(Do not round until the final answer. Then round to the nearest cent as needed.)

Question 18) With an annual inflation rate of 2.73%, how much did an item that now costs $8700 cost 10 years prior?

An item that currently costs

$8700 would have cost $_____ 10 years ago. (Do not round until the final answer. Then round to the nearest cent as needed.)