Say that the interest rate is 11% and you invest $200 today, and then another $220 exactly one year from today. What is the total future value of these investments two years from today?

Group of answer choices

$490.62

$498.85

$511.15

$521.08

A coupon bond pays $400 at the end of each year for 3 years, and at the maturity date in 3 years, in addition to the final coupon payment, the bond also makes a face value payout of $890. If the interest rate is 6% then this bond has a present value of

Group of answer choices

$1,792.25

$1,801.15

$1,816.5

$1,838.40