You are told that if you invest $12,100 per year for 20 years (all payments made at the beginning of each year) you will have accumulated s375,000 at the end of the period. What annual rate of return is the investment offering? . You plan to buy a car that has a total "drive-out" cost of $25,900. You will make a down payment of $3,598. The remainder of the car's cost will be financed over a period of 5 years. You will repay the loan by making equal monthly payments. Your quoted annual interest rate is 8% with monthly compounding of interest. (The first payment will be due one month after the purchase date.) What will your monthly payment be? What is the value of the following semi-annual bond? face value: maturity: coupon rate: discount rate: $1,000 10 years 10% 8%