Question
suppose a U.S government bond promises to pay$2,249.73 five years from now. if the going interest rate on 5-year government bonds is 4% how much
suppose a U.S government bond promises to pay$2,249.73 five years from now. if the going interest rate on 5-year government bonds is 4% how much is bond worth today?
1. 1,802.30
2. 1,783.86
3. 1,591.45
4. 1,849.11
5. 1,888,92
Parker Pete is interested in getting the biggest bang for his savings buck. He can save about$350.00 per year from his salary as student employee. If he waits until the end of the year to invest this, at 5.25% how much money will he have accumulated in 4 years when he graduates from NMSU? If he doesn't wait to deposit the $350 how much will he have accumulated in 4 years? How much more will he have saved If he doesn't wait to invest his money? draw your timeline show your calculator inputs and all workin your partial credit upload. ( Scenario 2 is an Annuity due. you will have two timelines and three answers for this questions)
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